Hyperscale Data, Inc. Enters At-the-Market Issuance Sales Agreement

Hyperscale Data, Inc. has entered into an At-the-Market Issuance Sales Agreement with Spartan Capital Securities, LLC, to sell up to $50,000,000 of its Class A common stock. This agreement allows the company to sell shares opportunistically through an "at-the-market offering" as defined by the Securities Act of 1933. The offering is being made under the company's effective shelf registration statement on Form S-3. The agreement outlines the process for the sales agent to sell the shares, with the company setting the parameters for sales, including price and volume limitations. Both the company and the sales agent have the right to terminate the agreement with prior written notice. The company also issued a press release on December 19, 2025, announcing this agreement and the filing of a related prospectus supplement.