Hyperscale Data to Distribute Special Dividend of 20 Million Shares

LAS VEGAS, Sept. 4, 2026, Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company, has announced plans to distribute a special one-time dividend of 20 million shares of its Class B Common Stock to all holders of its Common Stock, Preferred Stock, and convertible preferred stock. The dividend, referred to as the "Distribution," will be distributed on an as-converted basis.

The record date for the Distribution is set for September 15, 2026. Stockholders, including those who own convertible notes, will be eligible to receive the dividend if they hold any of the company's Common Stock, Preferred Stock, or convertible notes as of the close of trading on that date. The payment date, subject to adjustment, is scheduled for October 6, 2026.

As of September 4, 2026, Hyperscale Data had 165,267,650 shares of Class A Common Stock, 4,774,348 shares of Class B Common Stock, and approximately 321,753,087 Class A Common Stock equivalents, based on the current conversion price of the four series of outstanding Preferred Stock and the convertible note. This totals approximately 491,795,085 shares of Eligible Capital Stock, with the number of Issuable Shares being 7,194,786 for holders of the Class A Common Stock. The payment ratio for the Distribution is currently 0.04066734 for each share of Eligible Capital Stock. However, the company anticipates additional shares of Eligible Capital Stock to be issued prior to the Record Date, which would adjust the payment ratio accordingly.

The Class B Common Stock, while identical to the Class A Common Stock in all respects, carries ten times the voting power per share. Each share of Class B Common Stock is convertible into one share of Class A Common Stock on a one-for-one basis. The company will issue cash in lieu of fractional shares of Class B Common Stock to holders of the Eligible Capital Stock.

The Distribution has been approved by the NYSE American. Hyperscale Data advises stockholders, investors, and any other interested parties to refer to the company's official announcements or consult their financial advisors for more detailed information about the Distribution. The company emphasizes that this press release is for informational purposes only and should not be considered an offer to sell or exchange shares of the company's common stock or any other securities.

Hyperscale Data, through its wholly owned subsidiary Sentinum, Inc., owns and operates a data center for the emerging AI ecosystem and other industries. Another subsidiary, Ault Capital Group, Inc., is a hybrid private equity firm that acquires, finances, builds, and manages businesses across various sectors. The company is currently planning the divestiture of ACG, which is expected to occur in 2027, focusing on high-performance computing services and digital assets.