BitNile Holdings to Host Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies on Monday, October 17, 2022

Rhea-AI Summary

BitNile Holdings, trading under NILE, will host an investor webcast and conference call on October 17, 2022, at 2:00 PM PT. This event aims to discuss the company's plan to split into four distinct public entities, as previously announced on September 9, 2022. The conference call is open to all interested parties, who can register via a provided link. For more details, stakeholders can reach out to BitNile's investor relations via email or phone. The company is focused on growth through strategic acquisitions and operates a Bitcoin mining data center.

LAS VEGAS--(BUSINESS WIRE)-- BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today issued a reminder that it will be hosting an investor webcast and conference call this Monday, October 17, 2022 at 2:00 PM Pacific Time regarding its plans to separate the Company into four public companies as announced on September 9, 2022.

Conference Call

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/20221014005468/en/

BitNile Holdings Investor Contact:

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

Source: BitNile Holdings, Inc.

FAQ

What is the date and time of BitNile's upcoming investor webcast and conference call?

BitNile Holdings will host the investor webcast and conference call on October 17, 2022, at 2:00 PM Pacific Time.

What will BitNile discuss during the October 17 conference call?

During the call, BitNile will discuss its plans to separate into four public companies.

How can investors participate in the BitNile conference call?

Investors can participate by registering in advance through a provided registration link.

Who can join the BitNile conference call?

The conference call is open to stockholders, investors, and any interested parties.

What is the stock symbol for BitNile Holdings?

The stock symbol for BitNile Holdings is NILE.