Hyperscale Data Increases Stake in Universal Safety Products to 30.3% via Ault Lending Agreement

Hyperscale Data, Inc. and its affiliates, including Milton C. Ault, III, have filed Amendment No. 15 to their Schedule 13D for Universal Safety Products, Inc. (UUU). On April 30, 2026, Ault Lending, LLC entered into a Stock Purchase Agreement with SJC Lending, LLC to acquire up to 355,000 shares of common stock at $5.75 per share. The transaction is structured in two closings: the first closing involved the purchase of 155,000 shares for $891,250, funded by a promissory note. A second closing for 200,000 shares is scheduled to occur three business days later. Following the first closing, Hyperscale Data, Inc. beneficially owns 860,252 shares, representing approximately 30.3% of the outstanding common stock. Mr. Ault's total beneficial ownership, including personal holdings and exercisable options, stands at 918,452 shares or approximately 31.7%. The acquisition was primarily funded through promissory notes and working capital. This filing reflects a significant increase from the previous reported ownership of 24.8%.