Hyperscale Data announces special dividend of Class B common stock

Hyperscale Data (GPUS) announces that it plans to issue a special one-time dividend of 5M shares of its Class B Common Stock to all holders of its Class A Common Stock and the Series C Convertible Preferred Stock on an as-converted basis. The record date for the Distribution is November 29. Stockholders who own the company’s Class A Common Stock at the close of trading on that date will be eligible to receive the shares of Class B Common Stock. Further, the company has set a payment date of December 16, subject to adjustment.