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Ault Alliance, Inc. announced preliminary revenue of
Ault Alliance (NYSE American: AULT) announced regulatory clarity from the NYSE American regarding its spin-off of securities related to Imperalis Holdings, Inc. (TurnOnGreen) and Giga-tronics Incorporated (GIGA). The company will issue 140 million shares of TurnOnGreen common stock and warrants for an additional 140 million shares, along with 7 million shares of GIGA common stock to stockholders. The record dates and payment dates for these planned dividends will be announced upon filing registration statements and obtaining final approvals. Ault Alliance aims to address shareholder concerns over the stock's low trading price and expedite the special dividends.
Ault Alliance, Inc. (NYSE American: AULT) invites stockholders to an online tour of its next-generation marketplace, BITNILE.com, scheduled for
Ault Alliance, Inc. (NYSE American: AULT) has declared a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. This dividend's record date is January 31, 2023, with a payment date of February 10, 2023. Ault Alliance, a diversified holding company, focuses on acquiring undervalued businesses and disruptive technologies. The company operates a Bitcoin mining data center and offers support across various industries, including defense and automotive. For more details, visit www.Ault.com.
BitNile Holdings, Inc. (NYSE American: NILE) disclosed that its related party, Ault Alpha, LP, has acquired 50 million shares of its common stock since September 2021, representing about 13% of the company. As of September 30, 2022, BitNile's total assets stood at approximately $610 million. Ault Alpha plans to continue purchasing shares under a 10b5-1/10b-18 plan, dependent on market conditions. The company focuses on growth through acquiring undervalued businesses and operates a variety of sectors, including Bitcoin mining and providing essential products across multiple industries.
BitNile announced the cancellation of the record date for a planned stock dividend distribution of 140 million shares and warrants for Imperalis Holding, soon to be renamed TurnOnGreen. Originally set for January 17, 2023, the delay is attributed to a lack of effective registration with the SEC. Despite these challenges, the Company remains committed to completing the distribution when compliance is achieved. Founder Milton Ault expresses optimism that barriers will be addressed, aiming for a favorable outcome for stockholders.