Articles from Ault Alliance, Inc.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), will rebrand as Hyperscale Data, Inc. (“Hyperscale”) and trade under the new ticker symbol “GPUS” starting September 10, 2024. The Series D Preferred Shares ticker symbol will also change from “AULT PRD” to “GPUS PRD.” Current stockholders do not need to take any action. The rebranding aims to emphasize the Company’s dedication to enhancing its data center operations.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that it will officially change its corporate name to Hyperscale Data, Inc. (“Hyperscale”), effective September 10, 2024. Along with this rebranding, the Company’s common stock will transition from “AULT” and begin trading under the new ticker symbol “GPUS”, effective September 10, 2024. In conjunction with this change, the ticker symbol for the Company’s Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Shares”) will correspondingly change from “AULT PRD” to “GPUS PRD”, effective September 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is August 31, 2024, and the payment date is Tuesday, September 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), reported its financial results for the second quarter ended June 30, 2024, which were disclosed on a quarterly report on Form 10-Q filed on August 16, 2024, with the Securities and Exchange Commission. The Company reported revenue of $76.3 million for the six months ended June 30, 2024, and total assets of $271 million as of June 30, 2024. The Company also reaffirmed its previous announcement of its intentions to reorganize the Company into two separate companies, with Ault Alliance to concentrate on its artificial intelligence (“AI”) data center space under its new name, Hyperscale Data, Inc. (“Hyperscale Data”). As part of this reorganization, Ault Alliance plans to issue one or more special dividends to stockholders of stock in its subsidiaries that are not related to the AI data center business. The Company believes that this plan will ensure stockholders receive a direct benefit from the distribution of the Company’s present assets that will no longer be a part of the Company’s core focus.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly owned subsidiary Sentinum, Inc. (“Sentinum”), as of July 31, 2024, has mined 552 Bitcoin in 2024 at the Company’s data centers in Michigan and Montana along with miners hosted by Core Scientific, Inc., further solidifying its position in the Bitcoin mining industry. This achievement contributes to Sentinum’s cumulative total of 2,894 Bitcoin mined since the inception of its operations.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its intentions to dramatically reshape its future by concentrating on its artificial intelligence (“AI”) data center space. As part of this reorganization, Ault Alliance plans to issue one or more special dividends to stockholders of stock in its subsidiaries that are not related to the AI data center business. This decision constitutes the main thrust of the Company’s strategy to streamline its operations as well as ensure that stockholders receive a direct benefit from the distribution of the Company’s present assets that will no longer be a part of the Company’s core focus.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is July 31, 2024, and the payment date is Monday, August 12, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is June 30, 2024, and the payment date is Wednesday, July 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the successful payment of the twenty-fourth consecutive monthly cash dividend for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”). Dividends on the Series D Preferred Stock are cumulative and are payable out of amounts legally available therefor at a rate equal to 13.00% per annum per $25.00 of stated liquidation preference per share, or $0.2708333 per share of Series D Preferred Stock per month.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced it has obtained board approval for, and will pursue the issuance of, a special preferred Artificial Intelligence (“AI”) data center and Bitcoin mining dividend for stockholders of the Company’s common stock and Series C preferred stock. For each share of common stock beneficially owned, stockholders will receive one share of the newly designated preferred stock. This class of preferred shares is anticipated to pay a percentage of the profit from both the AI data center business and Bitcoin mining operations by the Company’s subsidiary Sentinum, Inc. (“Sentinum”) in cash as a special preferred dividend. The future dividend amount would be determined by the Board of Directors of the Company, subject to certain criteria that remain to be determined by the Board of Directors as well as regulatory approval. In addition, the Company reserves the right, in its sole discretion, to abandon the proposed dividend at any time prior to implementation.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), reported its financial results for the first quarter ended March 31, 2024, which were disclosed on a quarterly report on Form 10-Q filed yesterday with the Securities and Exchange Commission.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is May 31, 2024, and the payment date is Monday, June 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has received 1,000 Bitcoin miners from its Michigan Facility at one of its two Montana Bitcoin mining sites. Those miners are currently being installed and the Company anticipates that a majority of them will be actively mining Bitcoin this week. Sentinum believes that approximately 2,250 Bitcoin miners will be installed and mining over the next three months. The Company has previously announced plans to move its Bitcoin mining operations out of its Michigan Facility, thereby enabling that site to support hosting services for artificial intelligence infrastructure and enterprise customers.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces that it has completed the final distribution (the “Final Distribution”) of the securities of TurnOnGreen, Inc., formerly Imperalis Holding Corp. (OTC: IMHC) (“TurnOnGreen”) that it held prior to the Final Distribution. In the Final Distribution, Ault Alliance stockholders received approximately 0.83 shares of TurnOnGreen common stock and warrants to purchase approximately 0.83 shares of TurnOnGreen common stock (the “TOG Securities”) for each share of common stock of the Company that they owned on the record date of April 15, 2024. The TOG Securities in the Final Distribution were distributed on April 29, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that on May 1, 2024, the NYSE American LLC (“NYSE American”) notified the Company that the Company had successfully regained compliance with the NYSE American’s continued listing standards related to a low selling price set forth in section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced preliminary revenue of $36 million for the first quarter of 2024, the highest first quarter topline results in the Company’s history.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it has ended the marketing process for its four hotels owned and operated by its wholly owned subsidiary, Ault Global Real Estate Equities, Inc. (“AGREE”). As a result, it was determined that the AGREE assets and liabilities previously presented as assets and liabilities held for sale within the Company’s balance sheet will no longer meet the held for sale criteria. Assets of $91.0 million and liabilities of $70.4 million as of December 31, 2023 were reported as assets and liabilities held for sale. In future periods, assets and liabilities of AGREE will be reclassified to assets and liabilities held and used and amounts previously presented in discontinued operations will be reclassified into continuing operations for all periods presented.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has signed its first non-mining colocation/hosting agreement utilizing the Tier 3 portion of its approximately 100,000 square foot enterprise-class data center. The data center, operated by its subsidiary, Alliance Cloud Services, LLC, is located within a 617,000 square foot building on a 34.5-acre campus in southwestern Michigan. The data center, strategically positioned near power production sites, boasts a current capacity of approximately 30 megawatts (“MWs”) of power. However, the facility has the opportunity to expand to 300 MW, subject to the Company’s receipt of necessary approvals and adequate funding, which it may or may not obtain.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced Ault & Company, Inc. (“Ault & Company”), an affiliate of the Company, has invested a total of $44.0 million pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and Ault & Company on November 6, 2023. To date, Ault & Company has purchased an aggregate of 44,000 shares of Series C convertible preferred stock (“Series C Preferred Stock”) and warrants (“Series C Warrants”) to purchase an aggregate of approximately 13.0 million shares of the Company. Under the Agreement, as amended, Ault & Company can invest up to $75.0 million in the Series C Preferred Stock and Series C Warrants in multiple closings.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is April 30, 2024, and the payment date is Friday, May 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today reported that its electronic technology solutions subsidiary Gresham Worldwide, Inc. (OTCQB: GIGA) (“Gresham”) is experiencing a growth in sales demand and backlog. The increases are led by robust order inquiry and market segment activity across Gresham’s defense businesses, particularly Gresham’s Israeli subsidiary Enertec Systems 2001 Ltd. (“Enertec”), which serves missile defense and medical device markets. Existing contract awards with exercisable options combined with current backlog are estimated to total $46 million as of March 31, 2024 and Gresham anticipates that its annual revenue will exceed $50 million for 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces an update on its final distribution (the “Final Distribution”) related to securities of TurnOnGreen, Inc., formerly Imperalis Holding Corp. (OTC: IMHC) (“TurnOnGreen”). In the initial distribution, Ault Alliance stockholders received forty (40) shares of TurnOnGreen common stock and warrants to purchase forty (40) shares of TurnOnGreen common stock (the “TOG Securities”) and in the second distribution, stockholders of the Company received fifteen (15) TOG Securities for each share of common stock of the Company that they owned on the record date.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), mined approximately 105 Bitcoin in March 2024. Of this total, approximately 53 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 52 Bitcoin from mining machines hosted with Core Scientific, Inc. The March mining operations represent a current Bitcoin mining operations annual run rate of approximately $82 million worth of Bitcoin. The run rate is based upon a current Bitcoin price of $65,000 per coin.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its new data center in Montana, operated by its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) had 10 Antbox mobile mining containers delivered and set this week and expects another 26 Antbox mobile mining containers to be delivered over the next few months. Sentinum is completing the process to energize the site, which is expected to be finalized next week. The first couple of miners have been shipped to the facility and will be installed and begin mining Bitcoin by the end of March 2024. Sentinum anticipates shipping at least 1,000 miners a month to the Montana data center starting in April 2024, until capacity is reached.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today shared a letter from its Executive Chairman to its stockholders.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that GuyCare, Inc. (“GuyCare”), a subsidiary of RiskOn International, Inc. (“ROI”), a company that Ault Alliance consolidates as a variable interest entity, is expanding its service offerings nationwide through its new telemedicine initiative. GuyCare anticipates, subject to its having obtained all requisite regulatory approvals, that its telemedicine program will be fully operational in all fifty states by year-end 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is March 31, 2024, and the payment date is Wednesday, April 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the termination of its at-the-market issuance sales agreement for sales of its common stock (“ATM”) and also announced its commitment to not utilize an ATM for sales of its common stock for not only the duration of 2024 but the foreseeable future. The Company may, however, consider issuing non-convertible debt to continue to fund its operations until its revenues can cover such costs.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 103 Bitcoin in February 2024. Of this total, approximately 52 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 51 Bitcoin from mining machines hosted with Core Scientific, Inc. The February 2024 mining run rate of approximately $7.4 million represents the highest single monthly run rate for Bitcoin miners in the Company’s history. The February mining operations represent a current Bitcoin mining operations annual run rate of approximately $89 million worth of Bitcoin. The run rate is based upon a current Bitcoin price of $72,000 per coin.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its preliminary financial results for the twelve-month period ended December 31, 2023.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced strategic plans for the data centers of its wholly owned subsidiary Sentinum, Inc. (“Sentinum”). The Company plans to relocate, when possible, its Bitcoin mining operations to the Montana data center and to focus its Michigan facility solely on artificial intelligence (“AI”) hyperscale development. To support these plans, the Company is targeting to expand the capacity of its Michigan facility up to 300 megawatts (“MWs”), as well as a significant expansion of the Montana sites.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is February 29, 2024, and the payment date is Monday, March 11, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it currently anticipates utilizing the stock repurchase program (the “Repurchase Program”) that was previously authorized by its Board of Directors (the “Board”) in December 2021. The Repurchase Program would start no earlier than two business days after the filing of the Company’s Form 10-Q for the quarter ending March 31, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today it has determined not to pursue new acquisitions during 2024, though it may continue to make strategic investments. Given the Company’s concentration on maximizing the value of its existing assets, it has taken proactive steps to reduce its total headcount, which are expected to save more than $2 million in payroll expenses for 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 121 Bitcoin in January 2024. Of this total, approximately 65 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 56 Bitcoin from mining machines hosted with Core Scientific, Inc. (“Core”). The January mining operations represent a current Bitcoin mining operations annual run rate of approximately $62 million worth of Bitcoin. The mining run rate is based upon a current Bitcoin price of approximately $42,700.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today issued a letter from its Executive Chairman to its valued stockholders.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today issued a letter from its Executive Chairman to its valued stockholders.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is January 31, 2024, and the payment date is Monday, February 12, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today the voting results from the annual meeting of stockholders (the “Meeting”) held today, January 12, 2024. At the Meeting, the stockholders voted on three proposals, each of which is described in more detail in the Company’s definitive proxy statement (the “Proxy Statement”) previously filed with the U.S. Securities and Exchange Commission.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that the Company has decided that it will start holding up to 20 percent and minimum of five percent of the Bitcoin it mines on the Company’s balance sheet. This strategic move is part of the Company’s broader plan to adjust its asset management approach to ultimately create a more valuable enterprise and drive stockholder value.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it has returned to treasury 101,362 shares of its 13% Series D cumulative redeemable perpetual preferred stock, which have a stated value of $2.5 million (the “Preferred Shares”) and 679,969 shares of its common stock (collectively with the Preferred Shares, the “Shares”). The retirement of the Preferred Shares reduces the Company’s annual dividend payable by $0.3 million. The Shares were recently acquired by the Company’s wholly owned subsidiary, Ault Lending, LLC, upon the liquidation of a related party hedge fund.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“we,” “us,” “our,” “Ault Alliance,” or the “Company”), today announced its postponement of the commencement of its planned exchange offer (the “Offer”) to accept for cancellation a minimum of 20 million shares of the Company’s common stock (“Common Stock”) and a maximum of 60 million such shares in exchange for the issuance of up to $15,000,000 aggregate liquidation preference of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 151 Bitcoin in December 2023. Of this total, approximately 77 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 74 Bitcoin from mining machines hosted with Core Scientific, Inc. (“Core”). The December 2023 mining run rate of approximately $6.5 million marks the highest single monthly run rate for Bitcoin miners in the Company’s history. The December mining operations represent a current Bitcoin mining operations annual run rate of approximately $78 million worth of Bitcoin. The mining run rate is based upon a current Bitcoin price of approximately $43,000.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the adjournment of the Company’s 2023 Annual Meeting of Stockholders (the “Meeting”), which was scheduled to be held at 9:00 a.m. (Pacific Time) on December 29, 2023 but has been postponed due to the absence of quorum to conduct business.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that its majority beneficially owned subsidiary, RiskOn International, Inc. (Nasdaq: ROI) (“RiskOn”), a technology holding company, expects to announce, on January 3, 2024, via a press release and various media outlets, its new generative artificial intelligence (“AI”) platform (the “AI Platform”) as well as unveil a relationship with its principal technology partner. This partnership represents a strategic collaboration with the technology partner, which has invested more than five years of research and development into the AI Platform.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that its subsidiary Ault Lending, LLC (“Ault Lending”), which owns approximately 28.2% of the shares of The Singing Machine Company, Inc. (NASDAQMICS) (“Singing Machine” or “MICS”), has initiated a derivative lawsuit by filing a verified complaint (the “Complaint”) alleging breach of fiduciary duties relating to Singing Machine’s recent sale of an aggregate of 2,197,802 shares, amounting to 34% of the shares outstanding, to Regalia Ventures, LLC and Stingray Group, Inc. (TSE: RAY.A).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today outlined its revenue objectives and other corporate initiatives for 2024. The Company is targeting gross consolidated revenue between $230 million and $240 million. Additionally, Ault Alliance reiterates that it has successfully completed the repayment of its $38.5 million senior secured debt as of December 14, 2023. The Company is updating the market with these projections based upon substantial growth at Sentinum, Inc. (“Sentinum”), its data center operations and Bitcoin mining sector, further complemented by the strong performance of its crane rental business, Circle 8 Crane Services, LLC (“Circle 8”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“we,” “us,” “our,” “Ault Alliance,” or the “Company”), today provided further information on its planned exchange offer (the “Offer”) to accept for cancellation a minimum of 20 million shares of the Company’s common stock (“Common Stock”) and a maximum of 60 million such shares in exchange for the issuance of up to $15,000,000 aggregate liquidation preference of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is December 31, 2023, and the payment date is Wednesday, January 10, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its majority-owned subsidiary, Giga-tronics, Inc. (OTCQB: GIGA), referred to as Gresham Worldwide (“Gresham Worldwide”), a provider of purpose-built electronic technology solutions for defense and other mission critical applications, projects over $50 million in annual revenue driven by its defense business in 2024, supported by a robust backlog currently at approximately $50 million. This revenue projection is attributed to escalating global conflicts, with a notable surge in demand coming from Israel and Europe.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the closing of a $41.5 million financing (the “Financing”) with Ault & Company, Inc. (“A&C”), an affiliate of the Company, pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and A&C on November 6, 2023.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today reiterated its intent to initiate an exchange offer (the “Offer”) to accept for cancellation up to 60,000,000 shares of Company common stock (“Common Stock”) in exchange for the issuance of up to $15,000,000 aggregate liquidation preference of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 133 Bitcoin in November 2023. Of this total, approximately 71 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 62 Bitcoin from mining machines hosted with Core Scientific, Inc. Based on the current Bitcoin price of approximately $44,000, Sentinum mined approximately $5.84 million worth of Bitcoin in November 2023 and has a current Bitcoin mining operations annual run rate of approximately $70.1 million worth of Bitcoin.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), plans to begin operations at its new Montana data center in January 2024. The opening of this new data center will expedite the Company’s plans to improve its profitability and efficiency by transitioning some of its miners from a third party hosted Bitcoin mining operation to its own facility in Montana.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that its subsidiary, Imperalis Holding Corp. (OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen”), had its common stock start being quoted on the OTC Link ATS beginning November 29, 2023.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that the Company intends to initiate an exchange offer (the “Offer”) to accept for cancellation up to 60,000,000 shares of the Company’s common stock (“Common Stock”) in exchange for the issuance of up to $15,000,000 aggregate liquidation preference of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”), with each 100 shares of Common Stock being exchangeable in the Offer for one share of Series D Preferred Stock having a liquidation preference of $25.00 per share of Series D Preferred Stock (an effective price of approximately $0.25 per share of Common Stock).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today issued a letter from its Executive Chairman to its valued stockholders.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that on November 13, 2023, it had received a deficiency letter (the “Letter”) from the NYSE American LLC (the “Exchange”) indicating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”). Specifically, the Letter informed the Company that the Exchange has determined that the shares of the Company's common stock (the “Shares”) have been selling for a low price per share for a substantial period of time and, pursuant to Section 1003(f)(v) of the Company Guide, the Company's continued listing is predicated on the Company effecting a reverse stock split of the Shares or otherwise demonstrating sustained price improvement within a reasonable period of time, which the Exchange determined to be no later than May 13, 2024.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is November 30, 2023, and the payment date is Monday, December 11, 2023.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) is now capable of accepting for deployment up to 40 artificial intelligence (“AI”) clusters consisting of memory, data storage, networking components with advanced GPU's from Nvidia and AMD, at its state of the art Michigan data center. During the second quarter of 2023, Sentinum began adjusting its electrical resources at the Michigan data center in anticipation of needing to support the significant increase in computing demand being driven by AI applications. It is expected that the potential addition of AI processing workloads will operate concurrently with Sentinum’s Bitcoin mining operations.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Eco Pack Technologies, Inc., has closed upon the purchase of an 80% ownership stake in Eco Pack Technologies Limited (“Eco Pack”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that Microphase Corporation (“Microphase”) a subsidiary of Ault Alliance’s majority-owned subsidiary, Giga-tronics, Inc. (OTCQB: GIGA), referred to as Gresham Worldwide, (“Gresham Worldwide”), a provider of purpose-built electronic technology solutions for defense and other mission critical applications, has received orders for radio frequency (“RF”) filters from a defense contractor with an aggregate value of $5.4 million. Microphase technology will be used as part of a platform designed to counter improvised explosive devices to protect troops in the U.S. military.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“AAI” or the “Company”), announced today that it has entered into a Securities Purchase Agreement (the “Agreement”) providing for up to $50 million of financing (the “Financing”) from Ault & Company, Inc., a related party (“A&C”). Pursuant to the Agreement, AAI has agreed to issue and sell to A&C up to $50 million in shares of Series C Convertible Preferred Stock (the “Preferred Shares”). The Preferred Shares will be senior to all other classes of preferred stock the Company has outstanding, as well as senior to the Company’s common stock (“Common Stock”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has entered into a license agreement for its patented Multiplexed Laser Surface Enhancement (“MLSE”) technology.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly-owned subsidiary, Sentinum, Inc. (“Sentinum”), mined a total of 135 Bitcoin in October 2023. Of this total, 71 Bitcoin were mined at Sentinum’s data center in Michigan (the “Michigan Data Center”), with the remaining 64 Bitcoin sourced from Sentinum machines hosted by Core Scientific, Inc. Based on the October 2023 Bitcoin mined and the current Bitcoin price of approximately $35,000, Sentinum’s Bitcoin mining operations monthly run rate is currently approximately $4.7 million worth of Bitcoin.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that its subsidiary, Imperalis Holding Corp. (OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen”), revealed that it has initiated projects at an additional 19 hotels and successfully activated 80 Electric Vehicle (“EV”) charging stations at 32 hotels across North America, thereby bolstering the Company’s EV charging infrastructure in response to the expanding EV market. The projects feature multiple high-power, networked EVP700G and EVP1100WG Level 2 EV chargers. Users can activate these chargers via the TurnOnGreen App, RFID cards, or by scanning a unique QR code displayed on each EV charger.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has successfully completed unit testing on critical infrastructure components necessary to meet the power demands of high-performance computing (“HPC”) and artificial intelligence (“AI”) applications.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), with core interests in crane rental, data center activities, and its technology and finance operations (“Ault Venture Group”), is pleased to report preliminary unaudited third quarter 2023 revenue exceeding $52.5 million.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is October 31, 2023, and the payment date is Monday, November 13, 2023.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“AAI,” or the “Company”), today announced that it has entered into a note purchase agreement (the “Agreement”) with Ault & Company, Inc., a related party (“A&C”). Pursuant to the Agreement, which closed upon execution on October 13, 2023, AAI issued to A&C a senior secured convertible promissory note (the “Note”) and warrants (the “Warrants”) to purchase shares of AAI’s common stock (“Common Stock”).

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the awarding of a significant $20 million contract by its majority-owned subsidiary, Giga-tronics, Inc. (OTCQB: GIGA), also known as Gresham Worldwide. Gresham Worldwide, which concentrates in delivering high-performance, tailored electronic solutions for mission-critical applications across the defense, healthcare, telecommunications, and transportation sectors, won the contract to supply bespoke systems from a major strategic customer through its subsidiary, Enertec Systems 2001, Ltd. (“Enertec”). Enertec, located in Israel, is a leading provider of innovative test, simulation, calibration, operational, control, and monitoring systems that support and enable defense, aerospace, and health care applications for over 30 years.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), has reached an impressive milestone of $46 million in Bitcoin mining revenue since the inception of its mining endeavors. Notably, Sentinum mined 139 Bitcoins in the month of September 2023 alone.