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Hyperscale Data Plans To Tokenize Up To 1,340,947 Shares Of Its 13.00% Series D Cumulative Redeemable Perpetual Prefs, Implying ~$33.5M In Potential Gross Proceeds At Assumed Offer Price Of $25.00/Share; Reaffirms FY27 Guidance

BenzingaBenzinga Newsdesk

The Company intends to use the net proceeds primarily to finance the continued development, construction and expansion of its Michigan AI data center campus, including power distribution, cooling systems, utility

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