Ault Alliance Announces New Telemedicine Initiative at GuyCare

Rhea-AI Summary

Ault Alliance, Inc. announces the expansion of GuyCare, Inc.'s telemedicine services nationwide by year-end 2024. The subsidiary of RiskOn International, Inc. plans to operate in all fifty states pending regulatory approvals. Ault Alliance Executive Chairman expresses optimism about the progress and support for the initiative.

LAS VEGAS--(BUSINESS WIRE)-- 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 Executive Chairman Milton “Todd” Ault III stated, “We are encouraged by the progress at GuyCare and ROI. We will continue to support both teams, however, we can and are excited to assist in the launching of GuyCare’s nationwide telemedicine program.”

For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.

About Ault Alliance, Inc.

Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240319683000/en/

Ault Alliance Investor Contact:

IR@Ault.com or 1-888-753-2235

Source: Ault Alliance, Inc.

FAQ

When will GuyCare's telemedicine program be fully operational nationwide?

GuyCare anticipates its telemedicine program will be fully operational in all fifty states by year-end 2024, pending regulatory approvals.

Who is the Executive Chairman of Ault Alliance?

Milton 'Todd' Ault III is the Executive Chairman of Ault Alliance.

Where can interested parties find more information on Ault Alliance and its subsidiaries?

Interested parties can find more information on Ault Alliance and its subsidiaries in the Investor Relations section at www.Ault.com or at www.sec.gov.