Hyperscale Data Announces Transaction with Yorkville

LAS VEGAS, June 11, 2026 — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), announced that it has entered into a Pre-Paid Advance Agreement (the "Agreement") with YA II PN, Ltd., a Cayman Islands exempt limited partnership ("Yorkville").

Pursuant to the Agreement, Yorkville will today make an advance (the "Advance") to the Company in the principal amount of $15,958,000 (the "Principal Face Amount"), subject to a discount of 6% for an actual commitment amount of $15,000,520. The Advance will bear interest at an annual rate of four percent (4%), which interest will accrue and be paid, together with any remaining Principal Face Amount, on or before December 10, 2027.

The Proceeds of this Advance will be partially used to advance the development of the Company's Michigan data center campus as well as for general corporate purposes.

At any time that there is an outstanding balance under the Advance, Yorkville may provide written notice (each, a "Purchase Notice") requesting the Company to issue and sell shares of its Class A common stock to Yorkville, which shall be offset against and reduce the amounts outstanding under the Advance, at a price per share equal to the lower of (a) $0.2153 and (b) 90% of the lowest daily volume weighted average price of the Company's Class A common stock during the five (5) consecutive trading days immediately preceding the date on which Yorkville provides the Purchase Notice to the Company, but in no event shall this price be less than $0.10 per share.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.