The Ault group continues to accumulate shares at an accelerating pace, with Ault Lending buying 33,334 shares in the last three weeks of September alone. This is the 20th amendment to the 13D, suggesting a long-running activist campaign. Watch for potential board representation demands, strategic alternatives, or a going-private proposal as the group approaches majority control.
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Executive Summary
Hyperscale Data, Inc. and affiliated entities (the Ault group) filed Amendment No. 20 to their Schedule 13D, disclosing continued open-market purchases of Universal Safety Products, Inc. common stock. Ault Lending added 33,334 shares and Milton C. Ault III added 1,700 shares between September 1 and September 30, 2026, at prices ranging from $4.86 to $5.65 per share. The group's aggregate beneficial ownership rose to approximately 40.8% (1,255,796 shares including options), up from 39.3% in the prior filing, signaling sustained conviction and incremental accumulation.
Key Financial Metrics
Key Facts
- Ault Lending purchased 33,334 shares in open market transactions from Sept 8–30, 2026 at VWAPs of $5.02–$5.65.
- Milton C. Ault III purchased 1,700 shares in open market transactions from Sept 1–23, 2026 at prices of $4.86–$5.49.
- Hyperscale Data, Inc. beneficially owns 1,188,796 shares (39.3%) of Universal Safety Products, Inc.
- Milton C. Ault III beneficially owns 1,255,796 shares (approx. 40.8%), including 50,000 exercisable options.
- The group has filed 20 amendments to the original Schedule 13D, indicating an ongoing activist campaign.
- No change in stated purpose or demands was disclosed in this amendment.
Financial Impact
Ault Lending spent approximately $179,000 on 33,334 shares; Ault III spent approximately $8,700 on 1,700 shares. Total incremental investment ~$188,000.
Risk Factors
- The group already holds ~40.8% — further accumulation may trigger Maryland control share acquisition statute or other anti-takeover provisions.
- No new demands or purpose changes were disclosed, leaving the endgame unclear.
- The stock is thinly traded; large block purchases could distort pricing and liquidity.
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0000921895-26-002701 |
| Document: 0000921895-26-002701-index-headers.html | 0000921895-26-002701 |
| Document: 0000921895-26-002701-index.html | 0000921895-26-002701 |
| Document: 0000921895-26-002701.txt | 0000921895-26-002701 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | S-3 | $3.57 | awaiting T+1 | — | $3.57 (+0.00%) |
Oct 26, 2026 today | DEFA14A | $3.57 | awaiting T+1 | — | $3.57 (−0.00%) |
Oct 20, 2026 6d ago | DEF 14A | $4.06 $3.85 | ▲ +5.17% | ▲ +3.99% | $3.57 (+12.07%) |
Oct 1, 2026 25d ago | SC 13D/A | $4.88 $4.72 | ▼ −3.28% | ▼ −3.95% | $3.57 (−26.84%) |
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