Hyperscale Data enters $15.96 million prepaid advance deal with Yorkville YA II PN
Hyperscale Data, Inc.
Hyperscale Data, Inc. GPUS | 0.00 |
- Hyperscale Data entered a Pre-Paid Advance Agreement with Yorkville affiliate YA II PN for USD 15.96 million principal, discounted 6% to USD 15 million.
- The advance carries 4% annual interest, payable with any remaining principal by Dec. 10, 2027.
- Yorkville can request repayment via issuance of Class A shares priced at the lower of USD 0.22 or 90% of the prior five-day lowest VWAP, floored at USD 0.10.
- Proceeds earmarked for development of the Michigan data center campus, also general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606110400PR_NEWS_USPR_____SF81453) on June 11, 2026, and is solely responsible for the information contained therein.
