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Hyperscale Data Plans $50 Million Exchange Offer for Common Shares

Holders who exchange 100 common shares would receive $2 in cash and one preferred share.

Steel share tiles meet a pale token and two copper coins / TokenPost.ai
Steel share tiles meet a pale token and two copper coins / TokenPost.ai

Hyperscale Data, Inc. (NYSE American: GPUS) plans to launch an exchange offer capped at $50 million, proposing cash and preferred shares for holders of its common stock.

Under the proposed terms, holders who tender 100 common shares would receive $2 in cash and one preferred share.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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