Ault Alliance Files 8-K for Shareholder Vote & Financials
Ticker: GPUS-PD · Form: 8-K · Filed: Jun 28, 2024 · CIK: 896493
| Field | Detail |
|---|---|
| Company | Ault Alliance, INC. (GPUS-PD) |
| Form Type | 8-K |
| Filed Date | Jun 28, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $25,000,000 b, $50,000,000, $75,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting
Related Tickers: AULT
TL;DR
AULT filed an 8-K for shareholder votes and financials - check for details on what's being voted on.
AI Summary
Ault Alliance, Inc. filed an 8-K on June 28, 2024, to report the submission of matters to a vote of security holders and to file financial statements and exhibits. The filing does not contain specific details on the matters voted upon or the financial statements themselves.
Why It Matters
This filing indicates that Ault Alliance is proceeding with important corporate actions requiring shareholder approval and is fulfilling its reporting obligations regarding financial performance.
Risk Assessment
Risk Level: medium — The filing is a procedural update, but the lack of specific details on the shareholder vote and financial statements warrants a medium risk assessment until more information is available.
Key Players & Entities
- Ault Alliance, Inc. (company) — Filer
- BitNile Holdings, Inc. (company) — Former Company Name
- Ault Global Holdings, Inc. (company) — Former Company Name
- DPW Holdings, Inc. (company) — Former Company Name
FAQ
What specific matters were submitted to a vote of Ault Alliance's security holders?
The filing does not specify the exact matters submitted for a vote, only that such matters were presented.
When did Ault Alliance last change its name prior to Ault Alliance, Inc.?
The company was formerly known as Ault Global Holdings, Inc. until December 13, 2021.
What is Ault Alliance's Standard Industrial Classification code?
Ault Alliance, Inc. is classified under ELECTRONIC COMPONENTS, NEC with the SIC code 3679.
Where is Ault Alliance, Inc. headquartered?
Ault Alliance, Inc. is located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.
What is the filing date of this 8-K report?
This 8-K report was filed on June 28, 2024.
Filing Stats: 943 words · 4 min read · ~3 pages · Grade level 11.4 · Accepted 2024-06-28 17:06:11
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value AULT NYSE American 13.0
- $25,000,000 b — o purchase Common Stock, an increase of $25,000,000 beyond the original $50,000,000 for a tot
- $50,000,000 — ease of $25,000,000 beyond the original $50,000,000 for a total purchase price of up to $75
- $75,000,000 — 000 for a total purchase price of up to $75,000,000, pursuant to an Amendment dated March 2
Filing Documents
- d6282498k.htm (8-K) — 43KB
- 0001214659-24-011627.txt ( ) — 257KB
- ault-20240628.xsd (EX-101.SCH) — 4KB
- ault-20240628_def.xml (EX-101.DEF) — 26KB
- ault-20240628_lab.xml (EX-101.LAB) — 36KB
- ault-20240628_pre.xml (EX-101.PRE) — 25KB
- d6282498k_htm.xml (XML) — 6KB
07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS On June 28, 2024, Ault Alliance, Inc. (the " Company ") held its 2024 Annual Meeting of Stockholders (the " Annual Meeting "). As of the close of business on May 6, 2024, the record date for the Annual Meeting, the Company had outstanding and entitled to vote (i) 30,065,339 shares of the Company's Class A common stock, par value $0.001 per share (the " Common Stock "), and (ii) 44,000 shares of the Company's Series C Convertible Preferred Stock, which together with the Common Stock constitute all of the outstanding voting capital stock of the Company. At the Annual Meeting, the stockholders voted on six proposals, each of which is described in more detail in the Company's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on May 8, 2024. At the Annual Meeting stockholders appointed six (6) directors and approved proposals 2, 3, 4, 5 and rejected proposal 6, each of which were presented for a vote. The tables below set forth the number of votes cast for and against or withheld, and the number of abstentions or broker non-votes, for each matter voted upon by the Company's stockholders. Proposal One : The election of six director nominees named by the Company to hold office until the next annual meeting of stockholders. For Against Abstain Broker Non-Votes Milton C. Ault, III 3,262,058 1,850,941 465,018 6,299,644 William B. Horne 3,343,924 1,308,692 925,401 6,299,644 Henry C. Nisser 3,338,378 1,304,332 935,307 6,229,644 Robert O. Smith 3,361,994 1,283,128 932,895 6,229,644 Jeffrey A. Bentz 3,309,664 1,333,936 934,417 6,299,644 Mordechai Rosenberg 3,331,319 1,312,487 934,211 6,299,644 Proposal Two : The ratification of Marcum LLP, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. For Against Abstain Broker Non-Votes 9,868,2
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits: Exhibit No. Description 101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AULT ALLIANCE, INC. Dated: June 28, 2024 /s/ Henry Nisser Henry Nisser President and General Counsel