GPUS Sets 1-for-5 Reverse Split for August 24, Adjusted Trading Opens August 25
A 1-for-5 reverse stock split has cleared its final approval at Hyperscale Data, Inc. (NYSE American: GPUS), with Delaware effectiveness set for August 24, 2026. Split-adjusted trading on NYSE American is scheduled to open August 25 under a new CUSIP, 09175M 879.
Key takeaways
- Hyperscale Data (NYSE American: GPUS) will effect a 1-for-5 reverse stock split, with Delaware effectiveness set for August 24, 2026, and split-adjusted trading opening August 25 under new CUSIP 09175M 879.
- The company's special committee approved the 1-for-5 ratio on August 13, the maximum of the 1-for-2 to 1-for-5 range that shareholders authorized at an April 10, 2026 special meeting.
- No fractional shares will be issued; holders will instead receive cash in lieu of fractional shares, with Computershare Trust Company acting as exchange and transfer agent.
- The split covers all Class A Common Stock and reduces shares under equity incentive plans and outstanding options and warrants, while par value stays unchanged at $0.001 per share.
- Hyperscale Data has disclosed an expected 2027 divestiture of subsidiary Ault Capital Group (ACG), to be executed through an exchange of Series F Exchangeable Preferred Stock.
A 1-for-5 reverse stock split has cleared its final approval at Hyperscale Data, Inc. (NYSE American: GPUS), with Delaware effectiveness set for August 24, 2026. Split-adjusted trading on NYSE American is scheduled to open August 25 under a new CUSIP, 09175M 879.
Ratio and effective date
The company's special committee approved the 1-for-5 ratio on August 13, the maximum of the range shareholders authorized at an April 10, 2026 special meeting. At that meeting, stockholders approved a ratio between 1-for-2 and 1-for-5, leaving the exact figure to the board's discretion. The board delegated the decision to a three-person committee on August 6, consisting of the Executive Chairman, Chief Executive Officer, and President.
Computershare Trust Company, N.A. is acting as exchange agent and transfer agent. Holders of physical certificates will receive instructions from Computershare on the optional process for exchanging pre-split certificates and collecting cash in lieu of fractional shares. No fractional shares will be issued.
What the split adjusts
The reverse split covers all issued and outstanding shares of Class A Common Stock and reduces the share count available under the company's equity incentive plans, as well as shares issuable on the exercise of outstanding options and warrants. Par value remains unchanged at $0.001 per share. The adjustment is uniform; no holder's percentage interest changes, except where rounding produces a fraction that triggers the cash-out provision.
Business profile and the ACG divestiture in view
Hyperscale Data operates through two wholly owned subsidiaries. Sentinum runs a data center where the company mines digital assets and provides colocation and hosting services. Ault Capital Group, Inc. (ACG) is a hybrid private equity and operating company with positions across financial services, digital assets, industrial services, hospitality, and defense technologies.
The company has disclosed an expected 2027 divestiture of ACG, to be executed through an exchange of the Series F Exchangeable Preferred Stock. One million shares of that preferred stock were issued on December 23, 2024, to common stockholders and Series C Preferred Stock holders on an as-converted basis. Holders who surrender those shares will receive Class A and Class B Common Stock of ACG. That divestiture is the longer-dated item on the tape; the immediate calendar reads August 24 for Delaware effectiveness and August 25 for the first split-adjusted session on NYSE American.
Related reading
Filed by the newsroom of MarketPR on August 13, 2026. Source: sec.gov. Indicative figures are not investment advice.