SEC Form 4 · accession 0001437749-17-020652
Hyperscale Data, Inc. · GPUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amos Kohn
Officer — CEO · Director
Period of report
Jun 19, 2017
Accepted (ET)
Dec 13, 2017 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896493
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF1 | $0.60 | Jun 19, 2017 | J | 21,666 | A | Jun 19, 2017 | — | Common Stock | 86,664 | 21,666 | D |
| WarrantsF2 | $1.00 | Jun 19, 2017 | J | 86,667 | A | Jun 19, 2017 | Jun 19, 2022 | Common Stock | 86,667 | 1,404,127 | D |
Explanation of responses
- F1Each share of Series C Preferred Stock is convertible into four shares of common stock at the option of the holder thereof, or upon mandatorily upon other certain conditions being met, subject to adjustment. Each share of Series C Preferred Stock is subject to redemption at the Company's option beginning on the fifth anniversary. There is no expiration date.
- F2Each Warrant has the right to purchase one share of common stock at $1.00 per share.