STOCK TITAN
  1. Home
  2. News
  3. AULT

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.

News

Ault Alliance Reiterates Its Intention to Commence an Exchange Offer of Common Stock for Series D Preferred Shares at an Effective Price of $0.25 per Share of Common Stock Exchanged

Rhea-AI Summary
Ault Alliance, Inc. (AULT) plans to initiate an exchange offer to accept up to 60,000,000 shares of Company common stock 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 $0.25 liquidation preference per common share equivalent of the Series D Preferred Stock represents a 201% increase over the last reported sales price of the Common Stock of $0.083 on December 12, 2023. The 13.00% Series D Preferred Stock annual dividend provides an additional annual recurring value of $0.0325 per common share, or 39% of the Closing Price. The Company intends to provide more information on the Offer, including the anticipated timing of commencement of the Offer, as well as the terms and conditions of the Offer, on December 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.5%
Tags
none
-
News

Ault Alliance’s Subsidiary, Sentinum, Announces 133 Bitcoin Mined in November 2023 with a Current Annual Run Rate of $70.1 Million

Rhea-AI Summary
Ault Alliance, Inc. (AULT) announced that its subsidiary, Sentinum, Inc., mined approximately 133 Bitcoin in November 2023, with an annual run rate of approximately $70.1 million worth of Bitcoin. The company is optimistic about the future profitability and revenue growth due to the increase in Bitcoin price and transitioning of mining units to its own data centers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News

Ault Alliance’s Subsidiary, Sentinum, Set to Launch New Montana Data Center, Boosting Bitcoin Mining Operations

Rhea-AI Summary
Ault Alliance, Inc. (AULT) plans to open a new Montana data center in January 2024 to transition its miners from a third-party hosted Bitcoin mining operation to its own facility. The new data center will have an initial capacity of 20 MWs, with potential for expansion. CEO Will Horne emphasized the strategic importance of this expansion, expecting it to bolster profitability and cash flow in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
none
News

Ault Alliance Announces That TurnOnGreen’s Common Stock is Now Quoted on OTC Link ATS Under the Symbol IMHC

Rhea-AI Summary
Ault Alliance, Inc. (AULT) subsidiary, Imperalis Holding Corp. (IMHC), dba TurnOnGreen, Inc., has started being quoted on the OTC Link ATS under the symbol 'IMHC', providing additional liquidity for stockholders. The Company plans to distribute approximately 24.9 million shares of TurnOnGreen common stock and warrants to Ault Alliance stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News

Ault Alliance Announces that Its Indirect Subsidiary, MTIX, Ltd. Provides Substantial Cost Savings and Environmental Benefits From Using Its Proprietary MLSE Process

Rhea-AI Summary
Ault Alliance, Inc. (AULT) announced that its subsidiary, MTIX Ltd., achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA. The collaboration with RDD Textiles and PANGAIA aims to eliminate the wet pre-treatment process through the use of proprietary MLSE laser technology, showcasing significant savings in electricity and water use. The CEO of MTIX, Phil Mansour, expressed satisfaction with the results of the combined efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News

Ault Alliance Announces Its Intention to Commence an Exchange Offer to Acquire Shares of Its Common Stock for up to $15 Million in Series D Preferred Shares (an Effective Price of $0.25 per Share of Common Stock Exchanged)

Rhea-AI Summary
Ault Alliance, Inc. (AULT) initiates an exchange offer to accept up to 60,000,000 shares of common stock in exchange for $15,000,000 aggregate liquidation preference of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The $0.25 liquidation preference per common share equivalent of the Series D Preferred Stock represents a 208% increase over the last reported sales price of the Common Stock on November 28, 2023. The Offer, when and if consummated, will constitute a repurchase of the Common Stock and Common Stock exchanged will be cancelled and put into treasury.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.5%
Tags
acquisition
News

Ault Alliance Issues Letter to Stockholders Summarizing Third Quarter Financial Results and Updating on Capital Raising and Business Focus

Rhea-AI Summary
Ault Alliance, Inc. (AULT) announces Q3 2023 financial results, strategic shift in capital raising plans, and focus on core subsidiaries. The company reported total assets of $378 million, a book value of $7.23 per share, total stockholders' equity exceeding $119 million, and revenue growth of 38% from the prior period, reaching $120 million for the nine months ended September 30, 2023. Revenue from Sentinum’s Bitcoin mining operations for the nine months ended September 30, 2023, were $23 million, up 104% from the prior fiscal period. Revenue from Circle 8, acquired in December 2022, was $39 million for the nine months ended September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News

Ault Alliance Announces Notice of Noncompliance with NYSE American Listing Standards

Rhea-AI Summary
Ault Alliance, Inc. (AULT) Receives Deficiency Letter from NYSE American LLC Regarding Continued Listing Standards
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News

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) declares a monthly cash dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date is November 30, 2023, and the payment date is December 11, 2023. Investors can find more information on Ault Alliance and its subsidiaries in the Investor Relations section at www.Ault.com or www.sec.gov.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
News

Ault Alliance’s Subsidiary, Sentinum, Announces that It Is Ready to Accept up to 40 Artificial Intelligence Clusters with Nvidia and AMD GPU’s at Its Michigan Data Center and Future Expansion Plans

Rhea-AI Summary
Ault Alliance, Inc. (NYSE American: AULT) announces that its subsidiary, Sentinum, Inc., is now capable of deploying up to 40 AI clusters with advanced GPU's from Nvidia and AMD at its Michigan data center. Sentinum is adjusting its electrical resources to support the increase in computing demand driven by AI applications and Bitcoin mining operations. Additionally, Sentinum plans to expand HPC and AI services at its new facility in Montana.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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.

Stock AULT logo
Ault Alliance, Inc.

NYSE:AULT

AULT Rankings

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

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