Hyperscale Data Reduces ATM Offering Limit to $100 Million

06:57 AM EDT, 10/12/2026 (MT Newswires) -- Hyperscale Data (GPUS) cut its at-the-market offering limit to $100 million from $300 million, citing current capital plans and a desire to limit shareholder dilution, the company said Monday. The company said it has sold 121.8 million shares, raising about $49.8 million in gross proceeds, or approximately $0.41 per share, under the program with Spartan Capital Securities as sales agent. Hyperscale Data plans to develop its Michigan AI data center to support 20 megawatts of capacity, with the facility expected to support $100 million to $150 million in project debt financing, it added.