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Ault & Company, Inc. Announces Abandonment of Dutch Tender Offer to Acquire Shares of Common Stock of Hyperscale Data, Inc.
Hyperscale Data, Inc.Hyperscale Data, Inc.(US:GPUS) Globenewswire·2025-01-03 05:30

LAS VEGAS, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Ault & Company, Inc. (“Ault & Company”), today announced its abandonment of its planned cash tender offer to purchase up to 111,000 shares of Class A Common Stock, 0.001parvaluepershare(“CommonStock”),ofHyperscaleData,Inc.,aDelawarecorporation(“HyperscaleData”),atapricenotgreaterthan0.001 par value per share (“Common Stock”), of Hyperscale Data, Inc., a Delaware corporation (“Hyperscale Data”), at a price not greater than 10.00 nor less than $7.50 per share of Common Stock, net to the seller in cash, less any applicable withholding taxes and without interest, in order to enable ...