Series D Preferred Stock
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Digital Brands Group Updates Series D PIPE Financing, Adds $1.5 Million Investment
Digital Brands Group (DBGI) secured $1.5M in additional PIPE financing by issuing 1,875 Series D Convertible Preferred Stock shares to a new investor. These shares convert to common stock at 80% of the lowest closing price in the five days before conversion. DBGI will file a resale registration statement by December 1, 2025. The deal provides needed capital, but the conversion terms could dilute existing shareholders due to the discount to market price. Second closing is expected around September 26, 2025.
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Hyperscale Data Achieves 36 Straight Quarterly Dividends on Series D Preferred Stock Alternative concise options: 1. Hyperscale Data Pays 36th Consecutive Distribution for Series D Preferred Shares 2. Hyperscale Data Series D Preferred Stock Dividend Reaches 36-Payment Milestone 3. Hyperscale Data Completes 3 Years of Timely Quarterly Dividends on Series D Preferred
**Summary:**
Hyperscale Data (NYSE: GPUS) achieved 36 consecutive monthly dividend payments for its 13% Series D Preferred Stock ($0.270833 monthly per share). Management reaffirmed commitment to these distributions. The company is strategically pivoting to focus solely on data center operations via subsidiary Sentinum. It will spin off its subsidiary Ault Capital Group (involving lending, AI software, etc.) by December 2025, with Series F holders eligible to exchange shares. Bitcoin mining may continue within Sentinum.
