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Ault Alliance, Inc. - AULT STOCK NEWS

Welcome to our dedicated news page for Ault Alliance (Ticker: AULT), a resource for investors and traders seeking the latest updates and insights on Ault Alliance.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ault Alliance's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ault Alliance's position in the market.

News
Ault Alliance Regains Compliance with NYSE American Continued Listing Standards
Rhea-AI Summary

Ault Alliance, Inc. (NYSE American: AULT) has successfully regained compliance with NYSE American's continued listing standards related to low selling price. After receiving a Deficiency Letter in November 2023, the Company demonstrated sustained price improvement by May 1, 2024, meeting NYSE American's requirements. The removal of the '.BC' designation from the 'AULT' trading symbol signifies full compliance, with efforts focused on enhancing stockholder value and Company valuation.

Rhea-AI Impact
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End-of-Day
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News
Ault Alliance Reports Preliminary Revenue of $36 Million for First Quarter 2024
Rhea-AI Summary

Ault Alliance, Inc. (NYSE American: AULT) reported preliminary revenue of $36 million for the first quarter of 2024, excluding $3 million of revenue from its subsidiary AGREE. The robust performance of Sentinum, Inc. resulted in a significant 51% growth from the prior year first quarter. Circle 8 Crane Services, also had steady revenue at approximately $13 million for the first quarter of 2024. The Company remains committed to leveraging its market position to drive sustainable growth and create value for its stockholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.01%
Tags
earnings
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Ault Alliance No Longer Seeking to Sell Midwest Hotel Portfolio
Rhea-AI Summary
Ault Alliance, Inc. (NYSE American: AULT) has ceased the marketing process for its four hotels owned by its subsidiary AGREE, with assets worth $91.0 million and liabilities of $70.4 million. The properties will no longer be considered for sale, and their values will be reclassified in the balance sheet. The Company's Executive Chairman, Milton “Todd” Ault, III, expressed confidence in the long-term value of the assets despite the decision. Investors can access more information through Ault Alliance's public filings and press releases on their website or the SEC's site.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
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News
Ault Alliance’s Subsidiary, Sentinum, Announces Signing of First Non-Mining Related Colocation/Hosting Agreement
Rhea-AI Summary
Ault Alliance's subsidiary, Sentinum, signs the first non-mining colocation/hosting agreement utilizing a Tier 3 portion of its data center with a capacity of 30 MW, expandable to 300 MW. The company aims to reallocate resources for High Performance Computing and Artificial Intelligence use cases, moving some Bitcoin mining operations to Montana sites. Discussions are ongoing with potential customers for additional capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.69%
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News
Ault Alliance Has Received an Investment of $44 Million to Date from Ault & Company under the November 2023 Securities Purchase Agreement
Rhea-AI Summary
Ault Alliance, Inc. has secured $44 million in investments from Ault & Company under a Securities Purchase Agreement, with a potential total investment of $75 million. The funding will support the company's growth plans and strategic initiatives across its core businesses, including Sentinum data centers and Circle 8 crane rentals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.57%
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Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
Rhea-AI Summary
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. The record date is April 30, 2024, with a payment date of May 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.7%
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dividends
News
Ault Alliance Announces Strong Performance from its Global Defense and Electronics Subsidiary Gresham Worldwide
Rhea-AI Summary
Ault Alliance, Inc. reports strong performance from its subsidiary Gresham Worldwide, with substantial growth in sales demand and backlog driven by robust order inquiry and market segment activity in defense businesses. Gresham's Israeli subsidiary, Enertec Systems 2001 , is a key contributor to the growth, with estimated total backlog of $46 million as of March 31, 2024. Annual revenue is expected to exceed $50 million for 2024, showcasing Gresham's commitment to innovation and technological advancements in defense technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.11%
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News
Ault Alliance Announces a Final Distribution of TOG Securities Valued at $0.0141 for Each Share of Ault Alliance Common Stock
Rhea-AI Summary
Ault Alliance announces a final distribution of TOG Securities valued at $0.0141 for each share of Ault Alliance common stock. The Final Distribution includes approximately 0.83 shares of common stock and warrants to purchase 0.83 shares of common stock of TurnOnGreen, Inc. The Record Date is set for April 15, 2024, with a Payment Date of April 29, 2024. Stockholders will receive 0.83 TOG Securities for each share of AAI Common Stock owned on the Record Date, resulting in a dividend of $0.0141 per share of AAI Common Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
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Ault Alliance’s Subsidiary, Sentinum, Announces 105 Bitcoin Mined in March 2024, Generating a Monthly Mining Operations Run Rate of Approximately $6.8 Million
Rhea-AI Summary
Ault Alliance, Inc. announces its current Bitcoin mining operations annual run rate of approximately $82 million, with 105 Bitcoin mined in March 2024. The company's subsidiary, Sentinum, mined 53 Bitcoin in Michigan and 52 Bitcoin with Core Scientific, Inc. The CEO, William B. Horne, highlights the expansion plans for the Montana and Michigan facilities, focusing on low power costs and artificial intelligence data center development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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Ault Alliance Announces a Final Distribution of TOG Securities Valued at Approximately $0.019 for Each Share of Ault Alliance Common Stock
Rhea-AI Summary
Ault Alliance, Inc. announces a final distribution of TurnOnGreen, Inc. securities to its stockholders. Stockholders will receive approximately 0.71 shares of TurnOnGreen common stock and warrants per share of Ault Alliance common stock owned on the record date. The estimated market value of the distribution is around $0.019 per share of Ault Alliance common stock. The final distribution is set for April 29, 2024, with a record date of April 15, 2024. The company will not issue fractional shares but will provide cash payments for them.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
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Stock AULT logo
Ault Alliance, Inc.

NYSE:AULT

AULT Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

AULT Stock Data

8.79M
4.48M
0.05%
0.16%
53.2%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
LAS VEGAS

About AULT

dpw holdings, inc is a diverse holding company with a growth strategy of acquiring undervalued assets, disruptive technologies, sustainable solutions and impactful ventures for incubation and development to reach their full potential for long-term growth and returns for investors. we invest in diverse industries within the commercial, defense/aerospace, industrial, telecom, medical, crypto-mining, hospitality, textile, and investment/corporate lending markets. through our subsidiaries, we remain a leader and supplier of innovative technologies and services to cutting-edge power products and solutions.