SEC Contract Filing

Filing Date: 2025-04-16

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ex10_1.htm
<DESCRIPTION>EXHIBIT 10.1
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES PURCHASE AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS SECURITIES PURCHASE AGREEMENT
(the &ldquo;<B>Agreement</B>&rdquo;) is made as of April 15, 2025 (the &ldquo;<B>Effective Date</B>&rdquo;), by and between Hyperscale
Data, Inc., a Delaware corporation (the &ldquo;<B>Company</B>&rdquo;) and ______________, a __________ limited liability company (the
&ldquo;<B>Investor</B>&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, subject to
the terms and conditions set forth in this Agreement and pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the &ldquo;<B>Securities
Act</B>&rdquo;), the Company desires to issue and sell to the Investor, and the Investor desires to purchase from the Company, a convertible
promissory note in the principal amount equal to $___________, in the form attached hereto as <U>Exhibit A</U> (the &ldquo;<B>Note</B>&rdquo;)
as more fully described in this Agreement (the &ldquo;<B>Transaction</B>&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the Note will
be sold for a purchase price of $___________ (the &ldquo;<B>Purchase Price</B>&rdquo;), which Purchase Price reflects an original issue
discount of twenty percent (20%), or $___________.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>NOW, THEREFORE</B>, for
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Purchase and Sale</U>. </FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">1.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Closing</U>. On April 15, 2025 (or such later date as the parties hereto may agree in writing)
following the satisfaction or waiver of the conditions set forth herein (such date, the &ldquo;<B>Closing Date</B>&rdquo;), upon the terms
and subject to the conditions set forth herein, the Company agrees to sell, and the Investor agrees to purchase, the Note for the Purchase
Price (such purchase and sale being the &ldquo;<B>Closing</B>&rdquo;). At the Closing, the Purchase Price shall be paid in cash or immediately
available funds pursuant to wire instructions delivered to the Investor by the Company and the Company shall deliver the Note to the Investor.
The Company and the Investor shall also deliver the other items set forth in Section 1.2 deliverable at the Closing. Upon satisfaction
of the covenants and conditions set forth in Sections 1.2 and 1.3, the Closing shall occur at the principal offices of the Company or
such other location as the parties shall mutually agree. </FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">1.2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Deliveries</U>.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">1.2.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Company Deliverables</U>. On or prior to the Closing Date, the Company shall deliver or cause
to be delivered to the Investor the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;this
Agreement duly executed by the Company;</P>

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