Forward for Specialty Finance
Deal Summary
Hyperscale Data
$25,000,000
Series G Convertible Preferred
Ault (A&C)
Deal Notes:
Financing agreement for up to $25MM from Ault in preferred shares convertible to common stock. Includes 9.5% annual dividend, warrants for 4.25M shares at $5.92, and full ratchet price protection. Proceeds for data center expansion, debt repayment, and working capital.
N/A
