Bankruptcy: Hyperscale Data, Inc.

Form Type: 8-K

Filing Date: 2025-06-09

Corporate Action: Bankruptcy

Type: New

Accession Number: 000121465925009010

Filing Summary: On June 6, 2025, Hyperscale Data, Inc. entered into a settlement agreement with its defense affiliate Gresham Worldwide, Inc. and its senior secured lenders in connection with Gresham's Chapter 11 bankruptcy proceedings. Subject to court approval, Gresham is anticipated to emerge from bankruptcy as a subsidiary of the Company on or before October 1, 2025. On June 9, 2025, the Company released pro forma financial information regarding the impacts of the reconsolidation of Gresham, showing projections for fiscal year ending December 31, 2025, assuming Gresham had been a subsidiary during the reporting period. This information is furnished for investor insights but is not considered 'filed' and is subject to risks and uncertainties that may affect actual outcomes.