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Ault Alliance, Inc. - AULT STOCK NEWS

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

Ault Alliance, Inc. (AULT) is a diversified holding company focused on strategic acquisitions and operational enhancements across defense, telecommunications, and disruptive technologies. This page provides investors with essential updates about the company’s portfolio growth, market positioning, and value creation strategies.

As a centralized news resource, we aggregate all official press releases and verified financial developments related to AULT. Users gain access to critical updates including earnings announcements, partnership agreements, technology implementations, and strategic acquisitions – all vital for assessing the company’s multifaceted investment approach.

Key areas of coverage include operational expansions in defense contracting, innovations in industrial solutions, advancements in telecom infrastructure, and developments in corporate lending ventures. Each update is curated to reflect AULT’s core strategy of identifying undervalued assets and driving long-term value through hands-on incubation.

For consistent access to reliable Ault Alliance information, bookmark this page or visit regularly for structured updates. Stay informed about the company’s progress in transforming acquired assets into competitive market players across high-potential sectors.

Rhea-AI Summary
Ault Alliance's subsidiary, Giga-tronics, has filed an amended registration statement with the SEC regarding the previously announced dividend of almost seven million shares of GIGA common stock to its stockholders.
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Ault Alliance has partnered with Shareholder Intelligence Services to investigate potential illegal short selling activities in its common stock. ShareIntel will use its DRIL-Down™ process to track stockholder ownership and monitor trading activity. The company suspects market manipulation involving illegal short selling and is committed to investigating and exposing any wrongdoing.
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Ault Alliance, Inc. (NYSE American: AULT) announces the launch of tailored colocation and hosting services for AI ecosystems and other industries through Sentinum, Inc. The company plans to expand operations in Michigan, Montana, and Texas, providing secure, scalable, and safe hosting solutions.
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Ault Alliance, Inc. (NYSE American: AULT) announced preliminary unaudited revenue for Q2 2023. Revenue increased by $29.9 million (172%) compared to Q2 2022, reaching $47.3 million. From Q1 2023, revenue grew by $16.1 million (52%). Revenue by business segment showed growth in Giga-tronics Incorporated, Singing Machine Company, cryptocurrency mining, commercial real estate leases, and lending and trading activities.
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Ault Alliance, Inc. declares a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock.
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Ault Alliance's subsidiary, Gresham Worldwide, reported bookings of over $10.2 million for the second quarter of 2023, driven by orders from defense and medical customers. The company expects increasing demand for precision electronics throughout 2023 and into 2024. Gresham Worldwide ended the quarter with an order backlog of $28 million, setting the stage for continued growth.
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Ault Alliance's subsidiary, The Singing Machine Company, has launched a new party accessory product line available at Walmart stores. The Celebration Mic targets the children's party market and is priced at $9.97. Singing Machine sees this as a promising area of growth and aims to deepen its relationship with Walmart.
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Ault Alliance, a diversified holding company, announces a distribution of 15 shares of TurnOnGreen common stock and warrants for each share of Ault Alliance stock owned. The market value of the TurnOnGreen shares is approximately $0.37 per share. The record date for the distribution is July 24, 2023, with a payment date no later than August 7, 2023.
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Ault Alliance, Inc. provides a business update letter to stockholders, emphasizing transparency and effective communication. The company is entering the third quarter of 2023.
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Ault Alliance, Inc.

NYSE:AULT

AULT Rankings

AULT Stock Data

8.35M
38.85M
0.13%
1.81%
3.21%
Aerospace & Defense
Electronic Components, Nec
Link
United States
LAS VEGAS