New On The Block Hyperscale Data Inc.

(NYSE:GPUS) is reviewing strategic alternatives to boost shareholder value.

The company cited a gap between its public valuation and the value of its assets and business opportunities.

Options include selling or leasing some or all of its data center assets, pursuing a strategic investment or joint venture, or continuing to own and develop the assets.

Kanen Wealth Management, which owns about 4% of Zevia, is urging the board to explore strategic alternatives, including a potential sale of the company.