SCHEDULE 13G/A: Hyperscale Data, Inc. Discloses 1.72% Beneficial Ownership in Adamas One Corp. via Warrants

Hyperscale Data, Inc. has reported a 1.72% beneficial ownership stake in Adamas One Corp., comprising 665,813 shares issuable upon the exercise of warrants held by its subsidiary, Ault Lending, LLC, as of December 31, 2024.

Summary

• Hyperscale Data, Inc. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership of Adamas One Corp. Common Stock.
• As of December 31, 2024, Hyperscale Data, Inc. beneficially owns 665,813 shares of Adamas One Corp. Common Stock.
• This ownership represents 1.72% of Adamas One Corp.'s outstanding Common Stock.
• The 665,813 shares are issuable upon the exercise of warrants held by Ault Lending, LLC, a wholly-owned subsidiary of Ault Capital Group, Inc., which is itself a wholly-owned subsidiary of Hyperscale Data, Inc.
• Hyperscale Data, Inc. holds shared voting power and shared dispositive power over these 665,813 shares.
• The percentage of class is calculated based on 38,047,648 shares of Common Stock issued and outstanding on August 23, 2024, as reported by Adamas One Corp. in its amended quarterly report on Form 10-Q/A filed on October 23, 2024.
• The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual beneficial ownership report and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Adamas One Corp., Hyperscale Data Inc., Ault Lending LLC, Beneficial Ownership, Schedule 13G, Common Stock, Warrants, SEC Filing, Passive Investment