Hyperscale Data, Inc. announced plans on October 16, 2026, to separate its AI subsidiary, askROI, Inc., into a standalone public company.
The firm targets a completion date in the second or third quarter of 2027. Potential transaction structures include a traditional IPO, a reverse merger, or a SPAC deal. Joseph Spaziano will lead the new entity as CEO, while Ryan Doucette will serve as President.
Management believes askROI’s intrinsic value is currently unrecognized within the parent organization. The spin-off aims to provide shareholder transparency and focused access to capital markets to fuel growth.
Hyperscale Data currently trades at a Price-to-Sales ratio significantly below its historical median. The company reported recent revenue declines and ongoing losses. This move is part of a broader strategy to maximize the value of its diverse business portfolio.