Hyperscale Data shareholders backed reverse stock split proposal at special meeting

Reuters04-11

<a href="https://laohu8.com/S/GPUS">Hyperscale Data</a> shareholders backed reverse stock split proposal at special meeting

Hyperscale Data held a reconvened special shareholder meeting on April 10, 2026.
Shareholders cleared a reverse stock split for Class A common stock, with board discretion to set a ratio between 1-for-2 and 1-for-5 before March 17, 2027.
Investors also backed an increase in authorized Class A common shares to 2,500,000,000 from 500,000,000.
Approval was granted for conversion of up to 100,000 shares of Series H preferred into Class A common stock for a total purchase price of up to $100 million.
Shareholders authorized adjournment of meeting if needed to secure votes on proposals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-26-004554), on April 10, 2026, and is solely responsible for the information contained therein.

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