Hyperscale Data Announces a Two Hundred Million Dollar Reduction in the Amount of Sales that May Be Made under the Sales Agreement Providing for Its Current ATM Offering
Hyperscale Data amended its June 2026 ATM sales agreement with Spartan Capital, cutting maximum sales capacity from $300 million to $100 million. Under the ATM to date, the company has sold 121.8 million Class A shares for roughly $49.8 million in gross proceeds, or about $0.41 per share.
Key figures
- Shares sold to date
- 121827841
- Gross proceeds to date
- $49.8 million
- Atm capacity reduced to
- $100,000,000
- Avg sale price per share
- $0.41
- Atm capacity reduced from
- $300,000,000
- Estimated project debt financing
- $100 million to $150 million
AI analysis
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