- Gresham Worldwide to exit Chapter 11 by October 1, 2025, increasing Hyperscale Data's (GPUS, Financial) revenue by approximately $40 million annually.
- 2025 revenue guidance updated to $125–$135 million, with pro forma total revenue projected at $155–$165 million.
- Settlement agreement requires court approval.
Hyperscale Data (GPUS) has announced a settlement agreement with Gresham Worldwide’s senior secured noteholders, signaling the company's defense affiliate will exit Chapter 11 bankruptcy by October 1, 2025. Upon emergence, Gresham Worldwide will become a fully consolidated subsidiary of Hyperscale Data.
The financial impact of this restructuring is significant, with Gresham Worldwide expected to contribute an additional $10 million in the fourth quarter of 2025 alone. On a pro forma basis, this translates to approximately $40 million in annualized revenue for Hyperscale Data.
Reflecting these changes, Hyperscale Data has raised its full-year 2025 revenue guidance to between $125 million and $135 million. Including Gresham Worldwide's anticipated contribution, the pro forma revenue is projected to reach between $155 million and $165 million.
However, the completion of the settlement remains subject to court approval, underscoring the intricate legal and financial maneuvers involved in the Chapter 11 proceedings. This development marks a pivotal transition for Gresham Worldwide from a distressed asset to a revenue-generating subsidiary.
