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Hyperscale Data, Inc. — Director's Dealing 2022
Oct 14, 2022
34769_dirs_2022-10-14_984ed894-dbbf-4575-9bab-70f49da007b4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMPERALIS HOLDING CORP. (IMHC)
CIK: 0001349706
Period of Report: 2022-10-12
Reporting Person: BitNile Holdings, Inc. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-12 | Common Stock | C | 10990142 | $0.01 | Acquired | 11006643 | Indirect |
| 2022-10-12 | Common Stock | P | 3499 | $0.2528 | Acquired | 11010142 | Indirect |
| 2022-10-13 | Common Stock | P | 5000 | $0.2310 | Acquired | 11015142 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-12 | Convertible Promissory Note | $0.01 | C | Disposed | 2023-12-15 | Common Stock (10990142) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 129363756 | Indirect |
Footnotes
F1: Ault Lending, LLC, formerly known as Digital Power Lending, LLC ("Ault Lending"), converted the entire principal and accrued interest of the Convertible Promissory Note into 10,990,142 shares of the Issuer's common stock at a conversion price of $0.01 per share. The original principal amount of the Convertible Promissory Note was $101,528.77, accrued interest at 10% per annum, and had a maturity date of December 15, 2023.
F2: Ault Lending is a wholly-owned subsidiary of BitNile Holdings, Inc. ("BH"). Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
F3: The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2528. The range of purchase prices on the transaction date was $0.252 to $0.255 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F4: BitNile, Inc. ("BNI") is a wholly-owned subsidiary of BH. Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by BNI.