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The latest announcement is out from Hyperscale Data ( (GPUS) ).
On February 25, 2025, Hyperscale Data, Inc. entered into an amended forbearance agreement with an institutional investor, issuing a $3.5 million convertible promissory note that matured on May 15, 2025. The maturity date was later extended to June 30, 2025. Additionally, between May 22 and June 3, 2025, the company issued 573,416 shares of Class A Common Stock upon conversion of Series B Convertible Preferred Stock, resulting in a total of 2,801,001 shares of Class A Common Stock outstanding as of June 3, 2025.
Spark’s Take on GPUS Stock
According to Spark, TipRanks’ AI Analyst, GPUS is a Neutral.
The overall stock score is influenced primarily by significant financial challenges, including high leverage and negative cash flows, which weigh heavily on the score. However, recent corporate events provide a positive outlook, with strategic initiatives aimed at improving financial structure and growth prospects. Technical indicators show mixed signals, suggesting potential for price movements. Valuation concerns persist due to negative earnings.
To see Spark’s full report on GPUS stock, click here.
More about Hyperscale Data
Hyperscale Data, Inc. operates in the data management industry, focusing on providing scalable data solutions and services to institutional investors and other stakeholders.
Average Trading Volume: 8,292,455
Technical Sentiment Signal: Sell
Current Market Cap: $10.8M
See more insights into GPUS stock on TipRanks’ Stock Analysis page.