BitNile Holdings Reschedules Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies

Rhea-AI Summary

BitNile Holdings, Inc. (NYSE American: NILE) has rescheduled its Investor Webcast and Conference Call due to logistical issues. Originally planned for October 17, 2022, the new date is set for October 19, 2022, at 2:00 PM Pacific Time. Previous registrants do not need to register again as their confirmation will be updated automatically. The call is open to the public, with a registration link available for new participants. BitNile operates various subsidiaries and is focused on acquiring undervalued businesses and technologies.

Positive

• Rescheduling the conference call provides clarity and ample notice for investors and stakeholders.

Negative

• Logistical issues leading to rescheduling may raise concerns about operational effectiveness.

LAS VEGAS--(BUSINESS WIRE)-- BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced that, due to logistical issues, it has rescheduled its Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies previously scheduled for today, Monday, October 17, 2022. The Company announced the new time for the conference call is Wednesday, October 19, 2022 at 2:00 PM Pacific Time.

Conference Call Registration

For those that have previously registered, there is no need to register again as the registration confirmation will be automatically updated.

The conference call will be open to the public. Stockholders, investors, and interested parties who would like to participate in the webcast should use the following link to register in advance. Registration link: https://us06web.zoom.us/webinar/register/WN_1OdJkANdRZ-9c8AW9TKdrA

Please direct any questions regarding obtaining access to the conference call to BitNile via e-mail, at IR@BitNile.com, or by calling 1-888-753-2235.

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

About BitNile Holdings, Inc.

BitNile Holdings, 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, BitNile owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, defense/aerospace, industrial, automotive, medical/biopharma, karaoke audio equipment, hotel operations and textiles. In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.BitNile.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.BitNile.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221018005290/en/

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

Source: BitNile Holdings, Inc.

FAQ

When is the rescheduled conference call for BitNile (NILE)?

The conference call for BitNile is rescheduled to October 19, 2022, at 2:00 PM Pacific Time.

Why was BitNile's (NILE) conference call rescheduled?

The conference call was rescheduled due to logistical issues.

How can I register for BitNile's (NILE) conference call?

Interested participants can register through the provided link in the press release.