Hyperscale Data, Inc. (NYSE American: GPUS) has announced a special, one-time dividend of Class B Common Stock. According to the company's filing on September 4, 2026, the distribution will consist of 20,000,000 shares of Class B Common Stock, known as the Issuable Shares.
The dividend is designated for holders of the company's Common Stock, Preferred Stock, and a specific convertible note issued in December 2025. Eligibility is determined by ownership status as of the close of trading on the Record Date of September 15, 2026. The payment date has been set for October 6, 2026, subject to adjustment.
As of September 4, 2026, the company reported approximately 491,795,085 shares of Eligible Capital Stock. Based on this figure, the Payment Ratio is currently approximately 0.04066734 shares of Class B Common Stock for each share of Eligible Capital Stock. However, the company anticipates that additional shares of Eligible Capital Stock may be issued before the Record Date, which would reduce the Payment Ratio.
Key details regarding the Class B Common Stock include:
- Trading Status: There is currently no public trading market for the Class B Common Stock, though the company may seek to list it on the NYSE American in the future.
- Voting Rights: Each share of Class B Common Stock carries ten times the voting power of a share of Class A Common Stock.
- Conversion: The Class B Common Stock is convertible at any time after the payment date into Class A Common Stock on a one-for-one basis.
- Identification: The CUSIP number for the Class B Common Stock is 09175M861.
The company will pay holders of the Eligible Capital Stock cash in lieu of issuing fractional shares of Class B Common Stock. The distribution has been approved by the NYSE American.