Hyperscale Data, Inc. announced the termination of its At-the-Market (ATM) Issuance Sales Agreement, which was used for selling its Class A common stock. The company provided written notice on May 27, 2026, with the termination becoming effective on June 8, 2026.

Key Details

  • Agreement Terminated: At-the-Market (ATM) Issuance Sales Agreement dated January 16, 2026, with Spartan Capital Securities, LLC and Wilson-Davis & Co., Inc.
  • Proceeds Raised: Prior to termination, the company sold approximately 137.6 million shares, raising approximately $24.7 million in gross proceeds at an average price of $0.1793 per share.
  • Effective Date: The termination is effective as of June 8, 2026.