Ault Alliance to Rebrand as Hyperscale Data, Inc., Effective September 10, 2024
Ault Alliance, Inc. (AULT)
Company Research
Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), will rebrand as Hyperscale Data, Inc. (“Hyperscale”) and trade under the new ticker symbol “GPUS” starting September 10, 2024. The Series D Preferred Shares ticker symbol will also change from “AULT PRD” to “GPUS PRD.” Current stockholders do not need to take any action. The rebranding aims to emphasize the Company’s dedication to enhancing its data center operations.Hyperscale will focus on expanding its flagship Michigan artificial intelligence (“AI”) data center from approximately 30 megawatts (“MWs”) to approximately 300 MWs, subject to the Company’s receipt of regulatory approvals and the securing of adequate financing, which it may or may not obtain. This expansion aligns with industry expectations of increased data center power demand driven by significant AI advancements. Milton “Todd” Ault III, Executive Chairman of the Company, remarke
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AULT
News
- Ault Alliance Announces Corporate Name Change to Hyperscale Data, Inc., Effective September 10, 2024Business Wire
- Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred StockBusiness Wire
- Ault Alliance Reports Second Quarter 2024 Financial Results, Including Revenue of $76 Million for the Six Months Ended June 30, 2024Business Wire
- Ault Alliance Announces that Sentinum, its Wholly Owned Subsidiary, has Mined 552 Bitcoin in 2024 and 2,894 Bitcoin Since InceptionBusiness Wire
AULT
Sec Filings
- 9/10/24 - Form 4
- 9/6/24 - Form 8-K
- 9/5/24 - Form 4
- AULT's page on the SEC website