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.
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Ault Alliance, a diversified holding company (NYSE American: AULT), announced the postponement of its planned exchange offer to accept for cancellation a minimum of 20 million shares of the Company’s 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. The postponement is due to the adjournment of its 2023 Annual Meeting of Stockholders and the administrative complications that could affect the Offer should certain matters at the Annual Meeting be approved. The Offer is anticipated to be commenced in 2024, subject to regulatory approval and other customary closing conditions.
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Ault Alliance, a diversified holding company (NYSE American: AULT), announced that its subsidiary, Sentinum, mined 151 Bitcoin in December 2023, with a monthly run rate of approximately $6.5 million, marking the highest in the company's history. The annual run rate of approximately $78 million worth of Bitcoin represents a significant milestone for the company. CEO William B. Horne expressed satisfaction with the performance and progress of the mining operations, highlighting ongoing efforts to streamline operations and the upcoming transfer of mining rigs to the Montana site.
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Ault Alliance, Inc. (NYSE American: AULT) has announced the adjournment of the Company’s 2023 Annual Meeting of Stockholders due to the absence of quorum. The Meeting has been postponed until January 12, 2024, to allow additional time for stockholders to vote on important proposals. The Meeting aims to elect director nominees, ratify the appointment of independent registered public accounting firm, approve the conversion of Senior Secured Convertible Note and Series C convertible preferred stock into Common Stock, approve the issuance of additional shares of Common Stock, and amend the Certificate of Incorporation to effect a reverse stock split. The Meeting may be further adjourned if necessary. The virtual meeting details and voting instructions have been provided for stockholders.
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Ault Alliance, Inc. (AULT) Announces Subsidiary RiskOn International, Inc. (ROI) to Unveil New AI Platform and Technology Partner
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Ault Alliance, Inc. (NYSE American: AULT) subsidiary Ault Lending, LLC initiates derivative lawsuit against The Singing Machine Company, Inc. (NASDAQ: MICS) alleging breach of fiduciary duties in recent stock sale to affiliates of directors at inadequate price.
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Ault Alliance, Inc. (NYSE American: AULT) outlines 2024 revenue objectives of $230-240 million, completes $38.5 million debt repayment, and highlights growth at Sentinum, Inc. and Circle 8 Crane Services, LLC.
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Ault Alliance, Inc. (NYSE American: AULT) is offering an exchange of a minimum of 20 million and a maximum of 60 million shares of its Common Stock for up to $15,000,000 aggregate liquidation preference of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The effective price per common share equivalent of the Series D Preferred Stock represents a 193% increase over the last reported sales price of the Common Stock. The Offer will be launched on January 8, 2024, and will expire on February 6, 2024. Each share of Series D Preferred Stock will be entitled to cumulative dividends from the date of initial issue and will be payable on the last day of each month when declared by the Company’s Board of Directors. The Offer is subject to conditions including a minimum of 20,000,000 shares of Common Stock being tendered and the Company’s continued listing on the NYSE American.
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Ault Alliance, Inc. (NYSE American: AULT) declares a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, marking 19 consecutive months of cash dividends. The record date for the dividend is December 31, 2023, with a payment date of January 10, 2024. The company's CFO, Kenneth S. Cragun, emphasized the commitment to delivering value to investors and expressed gratitude for their support.
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Ault Alliance, Inc. (NYSE American: AULT) announces Giga-tronics, Inc. (OTCQB: GIGA), referred to as Gresham Worldwide, projects over $50 million in annual revenue driven by its defense business in 2024, supported by a robust backlog currently at approximately $50 million. The revenue projection is attributed to escalating global conflicts, with a notable surge in demand coming from Israel and Europe. Gresham Worldwide’s Israeli subsidiary, Enertec Systems 2001 Ltd., has recently secured a $20 million order to be completed over the next three years.
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Ault Alliance, Inc. (NYSE American: AULT) closed a $41.5 million financing with Ault & Company, Inc. The financing replaced debt owed to senior lenders and A&C, with 41,500 shares of Series C convertible preferred stock and warrants issued to A&C. The financing aims to improve profitability, cash flow, and future growth.
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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
United States
LAS VEGAS