Technology

Hyperscale Data Exploring Strategic Alternatives for its askROI Subsidiary

Published

1 hour ago

October 2, 2026

Potential Transactions Could Include Sale, Strategic Partnership or Divestiture to Further Develop askROI and its AI Business

LAS VEGAS, Oct. 2, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company (“Hyperscale Data” or the “Company”), today announced that it is considering a variety of options involving its askROI, Inc. (“askROI”) subsidiary. In considering its options, the Company has engaged in preliminary discussions about a potential sale of askROI and its AI business or a strategic partnership. Hyperscale Data may also consider a divestiture if it believes such a strategy could benefit askROI and the Hyperscale Data stockholders.

askROI’s flagship product is an AI platform (the “Platform”) designed to help users research, create, analyze, and automate work from a single experience. The Platform brings together AI models with web research, file and data analysis, content creation, automation, and integrations with third-party tools and services. Users can create documents, presentations, spreadsheets, images and other digital content, conduct research, work with files and data, and build automated workflows using the Platform. The Platform is available on the web and through mobile applications for iOS and Android.

The discussions are currently focused on the possibility of combining askROI with a broader technology business to support continued product development, commercialization and distribution. The strategic opportunities would involve synergies with partners in the AI, blockchain infrastructure and software development industries. As part of these discussions, the Company is evaluating transactions that could include equity consideration, which would allow Hyperscale Data to retain an ownership interest in the combined business and participate in its potential upside. Any discussions or considerations remain preliminary, and no assurances can be given that any definitive terms will be agreed upon or result in any transaction.

Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, said, “Our vision for askROI extends beyond a standalone AI product. We see the potential to combine askROI with complementary software development capabilities in a technology business positioned to pursue opportunities across AI and blockchain. A broader development organization could help advance and commercialize askROI while building applications and infrastructure for markets where AI, digital assets and traditional finance increasingly intersect.”

Mr. Ault continued, “As we focus on our Michigan AI data center opportunity, we are also pursuing ways to position our other businesses for growth and make their value more identifiable to Hyperscale Data and its stockholders. Any potential transaction could provide askROI with additional resources to further is development and future growth and allow management to focus on other priorities.”

The Company has not determined whether these discussions will result in a transaction. Any transaction would be subject to further negotiation, due diligence, execution of definitive agreements and applicable corporate and regulatory approvals. There can be no assurance that an agreement will be reached or that if an agreement is reached, that any transaction would ultimately be consummated.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it offers colocation and hosting services for the emerging AI ecosystems and other industries. Another of Hyperscale Data’s wholly owned subsidiaries, Ault Capital Group, Inc. (“ACG”), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets and the third wholly owned subsidiary of the Company, Omnipresent Robotics, LLC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

Technology

Cognizant Schedules Third Quarter 2026 Earnings Release and Conference Call

Published

12 minutes ago

October 2, 2026

TEANECK, N.J., Oct. 2, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH), a leading AI builder and technology services provider, will announce results for the third quarter of 2026 on Thursday, October 29, 2026 before market open.

Following the release, Cognizant management will conduct a conference call at 8:30 a.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial 877-810-9510 and international callers can dial 201-493-6778 and provide the following conference passcode: Cognizant Call.

The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com. Please go to the website at least 15 minutes prior to the call to register and to download and install any necessary audio software.

For those who cannot access the live broadcast, a replay will be available by dialing (877) 660-6853 for domestic callers or (201) 612-7415 for international callers and entering 13762450 from two hours after the end of the call until Thursday, November 12, 2026. The replay will also be available at Cognizant’s website http://investors.cognizant.com for 60 days following the call.

About Cognizant

Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.com

Investor Contact:
Tyler Scott, Senior Vice President, Investor Relations, (551) 220-8246, tyler.scott@cognizant.com

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SOURCE Cognizant Technology Solutions Corporation

Technology

Parry Labs Secures Enterprise Agreement with General Dynamics Land Systems

Published

12 minutes ago

October 2, 2026

Long-term software partnership expands deployment of STRATIA® and VIW across next-generation combat vehicle programs

ALEXANDRIA, Va., Oct. 2, 2026 /PRNewswire/ — Parry Labs today announced that it has signed a five-year Enterprise License Agreement (ELA) with General Dynamics Land Systems (GDLS) for its STRATIA® and VIW software platforms. The agreement marks a significant expansion of the companies’ strategic relationship and reinforces Parry Labs’ role as a trusted software partner supporting the modernization of U.S. Army ground combat systems.

The enterprise agreement builds on Parry Labs’ successful support of the worldwide combat vehicle fleet and modernization programs, transitioning the relationship from individual program engagements to a long-term enterprise software partnership. By standardizing on STRATIA and VIW, General Dynamics Land Systems will continue leveraging Parry Labs’ modular, open architecture software to accelerate development, integration, and deployment across mission-critical vehicle platforms.

As the Army modernizes, software has become a decisive enabler of future combat capability. The platform must rapidly integrate advanced technologies while maintaining a secure, modular, and continuously upgradable software architecture aligned with Ground Combat Systems Common Infrastructure Architecture (GCIA) and Modular Open Systems Approach (MOSA) principles. Achieving these objectives requires robust cybersecurity, resilient network architectures, and software designed to support mixed-criticality environments throughout development, integration, and operational deployment.

Parry Labs addresses these challenges by delivering mission-critical computer software configuration items (CSCIs), software integration, and engineering expertise spanning cybersecurity, systems and software architecture, and network design. Through STRATIA and VIW, the company enables accelerated software development while supporting GCIA compliance, FACE™ Technical Standard conformance, and seamless integration across evolving vehicle architectures. This approach enables General Dynamics Land Systems to rapidly prototype, integrate, and field new technologies while preserving the flexibility and interoperability essential to modern combat systems.

“This agreement represents an important milestone for Parry Labs,” said Don Claussen, CEO of Parry Labs. “A five-year enterprise commitment reflects the confidence GDLS has in both our technology and our team’s ability to consistently deliver on complex defense programs. We’re proud to support their mission with software designed to enable faster innovation, strengthen cyber resilience, and accelerate delivery of next-generation capabilities to the warfighter.”

“We design our combat vehicles to rapidly integrate new digital capabilities,” said Jeff Massimilla, Vice President of Engineering, Design and Technology at General Dynamics Land Systems. “Parry Labs’ STRATIA and VIW platforms provide a powerful, open and cyber-resilient software foundation that aligns with GCIA and MOSA principles and helps ensure warfighters receive modernized, mission-ready systems faster. This is what it means to deliver the power to win.”

The award underscores a broader shift across the defense industry toward enterprise software strategies that prioritize open systems, reusable capabilities, and long-term digital modernization. Rather than procuring software on a program-by-program basis, enterprise agreements provide greater continuity, accelerate capability delivery, and establish a foundation for future innovation.

The contract strengthens Parry Labs’ position as a leading provider of mission software and digital infrastructure for defense platforms while creating new opportunities to expand enterprise software adoption across additional Department of War modernization initiatives.

About Parry Labs

Parry Labs is a defense technology company delivering open, modular software and precision hardware that enables the U.S. military and its allies to modernize, connect, and deploy new capabilities with speed and impact. Through the unification of autonomy, AI, and command and control, Parry Labs builds integrated, mission-ready platforms built for the fight, designed to move faster, adapt smarter, and deliver advantage where it matters most. For more information, visit www.parrylabs.com and follow us on LinkedIn.

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SOURCE Parry Labs LLC

Technology

Nasdaq Fund Secondaries, LODAS Markets Complete First Interval Fund Auction with Harrison Street Private Wealth

Published

12 minutes ago

October 2, 2026

91% of Harrison Street Real Estate Fund (VCMIX) shares offered were sold to secondary buyers;
Harrison Street Real Assets Fund (VCRRX) auction expected to launch October 2

MISSION, Kan., Oct. 2, 2026 /PRNewswire/ — LODAS Markets, together with Nasdaq Private Market’s (NPM) Nasdaq Fund Secondaries (NFS) business, and Harrison Street Private Wealth (“Harrison Street”), a division of Harrison Street Asset Management, today announced the successful close of their inaugural interval fund auction.

Due to the auction’s success, a second auction—for the Harrison Street Real Assets Fund (VCRRX)—launches October 2

The auction, completed September 23rd in shares of the Harrison Street Real Estate Fund (VCMIX), is believed to be among the industry’s first intra-period auctions for interval fund shares. All purchasers were non-affiliated secondary buyers and the process was completed as designed across its three-week window, demonstrating a market-driven path to liquidity that complements the interval fund structure.

Auction highlights include:

91% of all shares offered were sold. This includes shares from sellers who set an asking price above the price where the auction ultimately cleared.Nearly 99% of shares with an asking price at or below the clearing price were sold at the seller’s asking price or better.41% of the shares sold received a better price than requested. Those sellers offered to sell at a 20% discount to net asset value (NAV) and instead sold at a 15% discount.Demand outpaced supply. Buyer bids exceeded seller asks, signaling investor appetite.

Building on the success of the first auction, a second auction, for Harrison Street Real Assets Fund (VCRRX) is expected to launch October 2, 2026. The collaboration aims to create a scalable foundation for alternative liquidity options across a broad range of interval funds and other semi-liquid investment vehicles.

Semi-liquid fund net assets approached $600 billion at the end of March 2026, up more than 120% from the end of 2022, according to Morningstar’s “The State of Semiliquid Funds 2026” report (June 16, 2026), driven by advisor and investor demand for private credit, real estate and other private market strategies. As the market has grown, so has the need for liquidity tools that work in evolving market conditions.

Interval funds allow investors to access private markets and other alternative strategies through a registered investment structure. While these funds offer periodic opportunities for repurchases, investors and financial advisors have limited options when liquidity needs arise outside scheduled repurchase windows. The collaboration among NFS, Harrison Street, and LODAS Markets, first announced on August 24, 2026, was designed to address this gap through a periodic auction process that gives investors greater liquidity flexibility while complementing the existing interval fund structure. The auction sits alongside the traditional repurchase program, giving investors an additional, market-based option that is designed not to come at the expense of long-term shareholders.

Additional Transaction Details:

Harrison Street was the first investment manager to authorize transfers of interval fund interests through this environment with LODAS acting as broker for the transactions and providing the technology for trading, clearing, and settlement, as well as access to its investor network. The auction was conducted through NFS and the Alternative Trading System (ATS) operated by its affiliate, NFSTX, LLC.Sellers and buyers each chose from a set of preset discounts to NAV, and all trades executed at a single clearing price, so every participant received the same transparent price. Because the auction moves shares directly from investors who want to sell to investors who want to own, no fund assets were sold to meet these trades. The fund did not have to sell property or draw on its liquidity, and shareholders who stayed invested were not affected by these trades.All trades in the auction have settled. Cash proceeds have been returned to sellers’ original custodial accounts, and tax reporting will be provided to participating sellers as required.

LODAS Markets CEO Brian King:

“We’re pleased with the success of this innovative auction, both from a technical and price discovery perspective. Approximately 41% of the shares sold received price improvement and the technology infrastructure operated as designed, matching and settling nearly every eligible sell order. We look forward to additional auctions in the near future to provide investors another path to liquidity.”

Harrison Street Private Wealth division CEO Mark Quam:

“We’re pleased to see the success of the recent auction process, which we believe will lead to broader industry conviction and investment in interval funds. Investors can have varying investment horizons, and the recent auction provides investors in our interval funds with an additional voluntary option to manage their liquidity needs while preserving fund-level capital to optimize portfolio management for long-term shareholders.”

NPM Chief Operating Officer Andrew Kroculick:

“Our first auction shows what a transparent, well-designed process can deliver for interval fund shareholders. Executing more than 90% of the shares offered, with meaningful price improvement for a significant portion of the shares sold, validates the auction mechanics and the demand for liquidity options that work alongside scheduled repurchases. We’re excited to build on this result as we bring the model to additional funds.”

The auction is the first completed under NPM’s ownership of NFS. NPM acquired NFS from Nasdaq in September 2026, extending NPM’s platform to serve investors in private company shares and private fund interests.

ABOUT LODAS MARKETS
LODAS Markets is a vertically integrated technology company transforming alternative investments through its SEC-registered secondary market and transfer agent platforms, LODAS Securities and LODAS Transfer. Built for financial advisors, individual investors, and institutions, LODAS provides seamless trading, transfer, and settlement via fully automated, connected systems that support the entire investment lifecycle from capital raise to fund management to exit, delivering liquidity, transparency, and operational efficiency across private markets.

For more information, visit lodasmarkets.com.

ABOUT HARRISON STREET PRIVATE WEALTH
Harrison Street Private Wealth, a division of global investment firm Harrison Street Asset Management, manages investment strategies focused on real assets, including real estate, infrastructure, farmland and timberland. Since its founding, HSPW has been dedicated to providing institutional-quality alternative investment solutions to financial advisors and their clients, with a focus on delivering diversification, income, and long-term growth potential. The firm has built a strong track record of working with leading institutional partners to develop innovative investment opportunities tailored for the private wealth market.

For more information, visit: harrisonstpw.com.

ABOUT NASDAQ FUND SECONDARIES

Nasdaq Fund Secondaries, an affiliate of Nasdaq Private Market, LLC, provides technology and liquidity solutions for participants in the private secondaries markets. Its purpose-built platform helps general partners, limited partners, and their advisors manage and execute liquidity transactions through structured workflows designed to support greater transparency, efficiency, and scalability.

For more information, visit nasdaqprivatemarket.com/fund-secondaries/.

CONTACTS

LODAS Markets
Randy Williams
917-213-5980
media@lodasmarkets.com

Harrison Street Private Wealth
For media inquiries:
Doug Allen, Ellie Johnson
Dukas Linden Public Relations
646-722-6530
HSAM@dlpr.com

For other inquiries:
877-200-1878
info@harrisonstpw.com

Nasdaq Private Market
Samantha Tortora
press@npm.com

Cautionary Note Regarding Forward-Looking Statements:

Information set forth in this release contains forward-looking statements that involve a number of risks and uncertainties. NPM cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will”, “would”, “expects”, “aims”, “look forward”, and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to operation of auctions and broker activities. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NPM’s control. NPM undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Please read these important legal notices and disclosures

The information contained herein is provided for informational and educational purposes only. None of the information provided represents an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, nor does it constitute an offer to provide legal, tax, financial or investment advice or service, nor does it constitute a recommendation for the purchase or sale of any investment product or security. Investing in private markets is speculative and involves a high degree of risk. You must be prepared to withstand a total loss of your investment. The results of this auction are not indicative of the results of any future auction. Future auctions may clear at different prices, including at greater discounts to NAV, and there is no assurance that shares offered in any auction will be sold. You are strongly encouraged to complete your own independent due diligence before investing in private markets, including obtaining additional information, opinions, financial projections, and legal or other investment advice.

Changes in real estate values or economic conditions can have a positive or negative effect on issuers in the real estate industry.

Nasdaq Fund Secondaries, LLC is a wholly-owned subsidiary of Nasdaq Private Market, LLC. Nasdaq Fund Secondaries, LLC is not: (A) a registered exchange under the Securities Exchange Act of 1934; (B) a registered investment adviser under the Investment Advisers Act of 1940; or (C) a financial or tax planner, and does not offer legal, financial, investment or tax advice. Securities-related services are offered through NFSTX, LLC, a registered broker-dealer, a member FINRA/SIPC and a wholly-owned subsidiary of Nasdaq Fund Secondaries, LLC. Transactions in securities conducted through NFSTX, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC.

The third-party trademarks and service marks appearing herein are the property of their respective owners. The third parties mentioned herein are independent entities and are not legally affiliated with Nasdaq Fund Secondaries or its affiliates, including Nasdaq Private Market, LLC.

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SOURCE LODAS Markets