SEC Form 4 · accession 0001214659-18-004651
Hyperscale Data, Inc. · GPUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Milton C Ault III
Officer — Chairman and CEO · Director
Period of report
Jun 27, 2018
Accepted (ET)
Jun 29, 2018 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 27, 2018 | P | 529 | $0.55 | A | 75,529 | I | See Footnote (1) |
| Common StockF1,F2 | Jun 27, 2018 | P | 871 | $0.54 | A | 76,400 | I | See Footnote (1) |
| Common Stock | holding | — | — | — | 34,600 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF2 | $0.60 | May 8, 2018 | P | 75,000 | A | May 8, 2018 | Oct 4, 2022 | Common Stock | 75,000 | 75,000 | I |
Explanation of responses
- F176,400 shares of Common Stock are held by the Reporting Person's wholly owned company, Ault & Company, Inc. ("Ault & Company").
- F2On October 4, 2017, Ault & Company agreed to purchase (i) 75,000 shares of the Issuer's common stock at $0.60 per share and (ii) a warrant to purchase 75,000 shares of common stock, exercisable at $0.60 per share, for an aggregate purchase price of $45,000. However, such shares and warrant were not sold and issued to Ault & Company until May 8, 2018.