STOCK TITAN

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 multifaceted holding company renowned for its diverse portfolio and strategic growth initiatives. The company specializes in acquiring undervalued assets, disruptive technologies, and sustainable solutions to foster long-term growth and returns for its investors. Ault Alliance operates across a broad spectrum of industries, including commercial, defense/aerospace, industrial, telecom, medical, crypto-mining, hospitality, textile, and investment/corporate lending markets.

Ault Alliance is dedicated to innovation, investing through its subsidiaries in cutting-edge technologies and services. The company is a leader in supplying mission-critical products and solutions, supporting sectors like oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations, and textiles.

One of the key operations of Ault Alliance is its data center, which focuses on Bitcoin mining, highlighting the company's engagement with modern and future-forward industries. The company’s structure is segmented into eight reportable divisions: Energy and Infrastructure; Technology and Finance; SMC; Sentinum, Inc.; GIGA; TurnOnGreen; ROI; and Ault Disruptive. Each segment is tasked with specific operational and strategic goals, contributing to the overarching aim of sustainable growth and market leadership.

Ault Alliance's recent achievements include expansions in their crypto-mining operations, significant technological advancements through their subsidiaries, and partnerships that have bolstered their market position in various industries. The company's financial condition remains strong, backed by a strategic approach to acquisitions and development, ensuring robust returns for investors.

Through a combination of strategic investments, innovative technologies, and a commitment to sustainable and impactful ventures, Ault Alliance, Inc. continues to be a significant player in multiple high-growth industries, providing substantial value to its stakeholders and maintaining a forward-looking approach to business development.

Rhea-AI Summary
AULT - Ault Alliance, Inc. Announces Plan to Explore Bitcoin Dividend, Reports $55 Million Annualized Gross Value of Bitcoin Mining Operations
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-29.49%
Tags
dividends
-
Rhea-AI Summary
Ault Alliance completes initial distribution of TurnOnGreen securities, providing stockholders with 40 shares of common stock and warrants for each share owned. The company plans to make subsequent distributions totaling 140 million shares and warrants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-29.49%
Tags
none
-
Rhea-AI Summary
Ault Alliance, Inc. (NYSE American: AULT) has regained compliance with NYSE American's listing standards related to price per share. The company received a deficiency letter in November 2022 for not meeting the standards. The NYSE American required sustained price improvement, which the company achieved through management's efforts. The 'AAI' trading symbol will no longer have the '.BC' designation starting July 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.21%
Tags
none
Rhea-AI Summary
Ault Alliance's subsidiary, TurnOnGreen, has started planning and designing an EV charging project in Santa Barbara, CA. The project aims to offer EV charging solutions to 168 multi-family units by installing TurnOnGreen's EVP700G level 2 EV charger. The company secured funds from the Santa Barbara County Air Pollution Control District's Clean Air Grant for Infrastructure to help fund the project. TurnOnGreen expects to break ground in July 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.39%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.12%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
dividends
Rhea-AI Summary
Ault Alliance, a diversified holding company, announces an update on its distribution related to securities of Imperalis Holding Corp. Stockholders will receive 40 shares of TurnOnGreen common stock and warrants for each share of Ault Alliance common stock they own. The market value of the 40 shares of TurnOnGreen common stock would result in a dividend of $2.12 per share. The record date for the distribution is June 26, 2023, with a payment date of no later than July 10, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.36%
Tags
none
-
Rhea-AI Summary
Ault Alliance, Inc. (NYSE American: AULT) plans to sell its multifamily property in St. Petersburg, Florida, acquired for $15.5 million in 2021. The property's prime location and proximity to retail, hospitality, and office experiences make it attractive to investors. The sale will help reduce outstanding debt and improve profitability and cash flow in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.02%
Tags
none
-
Rhea-AI Summary
Ault Alliance provides a mid-year update forecasting a promising outlook for the remainder of 2023. They anticipate a surge in revenue, projecting approximately $200 million, a significant increase from the previous year. The company highlights growth in crane operations, revenue generation from BitNile Metaverse's platform, expansion of data center operations, and prospering real estate portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
Tags
none
Rhea-AI Summary
BitNile, Inc. has deployed and energized 19,000 of its 19,900 Bitcoin miners, increasing hash rate to 2.2 Exahashes per second. Annualized revenue expected to be $56 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.62%
Tags
none

FAQ

What is the current stock price of Ault Alliance (AULT)?

The current stock price of Ault Alliance (AULT) is $0.2149 as of September 10, 2024.

What is the market cap of Ault Alliance (AULT)?

The market cap of Ault Alliance (AULT) is approximately 8.3M.

What is Ault Alliance, Inc.?

Ault Alliance, Inc. is a diversified holding company investing in undervalued assets, disruptive technologies, and sustainable solutions across various industries.

Which industries does Ault Alliance operate in?

Ault Alliance operates in commercial, defense/aerospace, industrial, telecom, medical, crypto-mining, hospitality, textile, and investment/corporate lending markets.

What are the main segments of Ault Alliance?

The main segments are Energy and Infrastructure, Technology and Finance, SMC, Sentinum, Inc., GIGA, TurnOnGreen, ROI, and Ault Disruptive.

What are the key operations of Ault Alliance?

Key operations include a data center for Bitcoin mining and supplying mission-critical products for various industries.

How does Ault Alliance approach growth?

Ault Alliance's growth strategy involves acquiring undervalued assets, investing in disruptive technologies, and incubating sustainable solutions.

What recent achievements has Ault Alliance made?

Recent achievements include expansions in crypto-mining operations and technological advancements through their subsidiaries.

What is Ault Alliance's financial condition?

Ault Alliance maintains a strong financial condition, supported by strategic acquisitions and sustainable development.

How does Ault Alliance support its diverse operations?

The company supports its operations through a combination of innovative technologies, strategic investments, and a commitment to impactful ventures.

What makes Ault Alliance unique?

The company's unique value lies in its diversified portfolio across high-growth industries and its focus on long-term sustainable growth.

What is the significance of Ault Alliance's data center?

The data center is a key component of Ault Alliance's operations, focusing on Bitcoin mining and demonstrating the company's engagement with future-forward industries.

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 of America
LAS VEGAS