Business
Hyperscale Data Receives $26.6 Million of Cash Related to Litigation Settlement; Cash Receipt Represents a Significant Liquidity Event for the Company
Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that it has received approximately $26.6 million in cash in connection with the resolution of previously disclosed litigation involving a former subsidiary. The proceeds were received by the Company's subsidiaries, Ault Lending, LLC ("Ault Lending") and RiskOn International, Inc. ("ROI").
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[{"type":"text","content":"LAS VEGAS, April 2, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that it has received approximately $26.6 million in cash in connection with the resolution of previously disclosed litigation involving a former subsidiary. The proceeds were received by the Company's subsidiaries, Ault Lending, LLC ("Ault Lending") and RiskOn International, Inc. ("ROI").","length":562,"tagName":"p"},{"type":"image","alt":"Official Corporate Logo of Hyperscale Data, Inc. All rights reserved 2024 - 2025 (PRNewsfoto/Hyperscale Data Inc.)","displaySize":"","headline":null,"caption":"Official Corporate Logo of Hyperscale Data, Inc. All rights reserved 2024 - 2025 (PRNewsfoto/Hyperscale Data Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":202,"url":"https://media.zenfs.com/en/prnewswire.com/1961508f0c670512019c1d2aac5fcd0b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/APRt77HFmxH6H4aYzmrKqA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1Ng--/https://media.zenfs.com/en/prnewswire.com/1961508f0c670512019c1d2aac5fcd0b","width":400,"height":202},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/VAq_eOMeJGzV1aNtZX3OHA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMyMw--/https://media.zenfs.com/en/prnewswire.com/1961508f0c670512019c1d2aac5fcd0b","width":400,"height":202}},"href":"https://mma.prnewswire.com/media/2734592/Hyperscale_Data_Inc_Blue_Stacked_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The proceeds relate to a litigation matter that had been ongoing for several years and was resolved pursuant to a confidential settlement agreement, the terms of which remain undisclosed.","length":187,"tagName":"p"},{"type":"text","content":"Approximately $10 million of the proceeds were received during March 2026 and reflects amounts attributable to legacy ownership interests held by the Company's subsidiary, Ault Lending, which will be fully recognized as revenue during the first quarter ending March 31, 2026. The remaining proceeds were received on April 1, 2026, and were previously designated for distribution to ROI stockholders of record as of November 15, 2022. Due to administrative and ...