Hyperscale Data Affiliate Gresham Worldwide Secures Court Approval To Exit Chapter 11 On Oct. 1

Hyperscale Data, Inc. -7.23%

Hyperscale Data, Inc.

GPUS

0.14

-7.23%

Projected to Contribute $40 Million in Annual Sales to Hyperscale Data

LAS VEGAS, Aug. 21, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that Gresham Worldwide, Inc. ("Gresham Worldwide"), currently an affiliated defense business in which the Company holds a majority equity interest, has received final court approval and confirmation of its Chapter 11 plan of reorganization. The approved plan clears the way for Gresham Worldwide to successfully emerge from bankruptcy protection on October 1, 2025.

Upon emergence, Hyperscale Data expects to reconsolidate Gresham Worldwide as a direct subsidiary. The Company anticipates Gresham Worldwide will contribute approximately $40 million in annualized sales to consolidated results, further strengthening Hyperscale Data's diversified platform and supporting long-term growth.

The confirmed plan reflects the outcome of extensive negotiations among creditors, management and other stakeholders, positioning Gresham Worldwide with a stronger balance sheet and a solid foundation for future success.