Ault Alliance, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: GPUS-PD · Form: DEF 14A · Filed: May 8, 2024 · CIK: 896493
| Field | Detail |
|---|---|
| Company | Ault Alliance, INC. (GPUS-PD) |
| Form Type | DEF 14A |
| Filed Date | May 8, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Key Dollar Amounts | $25,000,000 b, $50,000,000, $75,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Ault Alliance, Annual Meeting, Proxy Statement, Virtual Meeting, Stockholders
TL;DR
<b>Ault Alliance, Inc. will host its 2024 Annual Meeting of Stockholders virtually on June 28, 2024.</b>
AI Summary
Ault Alliance, Inc. (GPUS-PD) filed a Proxy Statement (DEF 14A) with the SEC on May 8, 2024. Ault Alliance, Inc. will hold its Annual Meeting of Stockholders on June 28, 2024. The meeting will be conducted exclusively in a virtual format. Stockholders can attend by accessing a virtual meeting link: meetnow.global/M2WDDH5. To join as a 'Stockholder', a control number will be required. The company was formerly known as BitNile Holdings, Inc. and Ault Global Holdings, Inc.
Why It Matters
For investors and stakeholders tracking Ault Alliance, Inc., this filing contains several important signals. The virtual format aims to provide greater access and flexibility for stockholders to attend the meeting. This filing is a definitive proxy statement (DEF 14A) related to the upcoming annual meeting.
Risk Assessment
Risk Level: low — Ault Alliance, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Stockholders should review the proxy materials to understand the agenda and voting procedures for the upcoming annual meeting.
Key Numbers
- 2024-06-28 — Annual Meeting Date (Date of Annual Meeting)
- 12:00 PM ET — Annual Meeting Time (Time of Annual Meeting)
- DEF 14A — Filing Type (Form type filed)
- 0000896493 — Central Index Key (Registrant's Central Index Key)
Key Players & Entities
- Ault Alliance, Inc. (company) — Registrant name
- June 28, 2024 (date) — Date of Annual Meeting
- 12:00 P.M. Eastern Time (time) — Time of Annual Meeting
- meetnow.global/M2WDDH5 (url) — Virtual meeting link
- BitNile Holdings, Inc. (company) — Former company name
- Ault Global Holdings, Inc. (company) — Former company name
- DPW Holdings, Inc. (company) — Former company name
- 11411 Southern Highlands Pkwy, Suite 240 Las Vegas, NV 89141 (address) — Company business address
FAQ
When did Ault Alliance, Inc. file this DEF 14A?
Ault Alliance, Inc. filed this Proxy Statement (DEF 14A) with the SEC on May 8, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Ault Alliance, Inc. (GPUS-PD).
Where can I read the original DEF 14A filing from Ault Alliance, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Ault Alliance, Inc..
What are the key takeaways from Ault Alliance, Inc.'s DEF 14A?
Ault Alliance, Inc. filed this DEF 14A on May 8, 2024. Key takeaways: Ault Alliance, Inc. will hold its Annual Meeting of Stockholders on June 28, 2024.. The meeting will be conducted exclusively in a virtual format.. Stockholders can attend by accessing a virtual meeting link: meetnow.global/M2WDDH5..
Is Ault Alliance, Inc. a risky investment based on this filing?
Based on this DEF 14A, Ault Alliance, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading Ault Alliance, Inc.'s DEF 14A?
Stockholders should review the proxy materials to understand the agenda and voting procedures for the upcoming annual meeting. The overall sentiment from this filing is neutral.
How does Ault Alliance, Inc. compare to its industry peers?
Ault Alliance, Inc. operates in the electronic components sector. This filing is a standard proxy statement for its annual shareholder meeting.
Are there regulatory concerns for Ault Alliance, Inc.?
The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
Ault Alliance, Inc. operates in the electronic components sector. This filing is a standard proxy statement for its annual shareholder meeting.
Regulatory Implications
The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on meeting agenda items and voting.
- Ensure you have the necessary control number to log in as a 'Stockholder' for the virtual meeting.
- Mark your calendar for the virtual meeting on June 28, 2024.
Key Dates
- 2024-06-28: Annual Meeting of Stockholders — Key date for stockholder participation and voting.
- 2024-05-08: Filing Date — Date the definitive proxy statement was filed with the SEC.
Glossary
- DEF 14A
- Definitive Proxy Statement (This filing provides detailed information about the annual meeting agenda, director nominees, and voting procedures.)
- Virtual Meeting
- A meeting conducted online rather than in person. (Allows for broader participation and flexibility for stockholders.)
Year-Over-Year Comparison
This is a definitive proxy statement (DEF 14A) for the 2024 annual meeting, following the standard SEC filing requirements for such events.
Filing Stats: 4,938 words · 20 min read · ~16 pages · Grade level 13.2 · Accepted 2024-05-08 16:01:35
Key Financial Figures
- $25,000,000 b — the " SPA Securities "), 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
- d58242def14a.htm (DEF 14A) — 653KB
- compvsnetloss_chart.jpg (GRAPHIC) — 54KB
- compvsrevenue_chart.jpg (GRAPHIC) — 60KB
- compvstsr_chart.jpg (GRAPHIC) — 75KB
- proxycard-001.jpg (GRAPHIC) — 77KB
- proxycard-002.jpg (GRAPHIC) — 74KB
- proxycard-003.jpg (GRAPHIC) — 64KB
- proxycard-004.jpg (GRAPHIC) — 51KB
- 0001214659-24-008617.txt ( ) — 1280KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 34 Summary Compensation Table 34 Employment Agreement with Milton C. Ault, III 35 Employment Agreement with William B. Horne 35 Employment Agreement with Henry Nisser 36 CEO Pay Ratio 36 Pay Versus Performance 37 Policies on Ownership, Insider Trading, 10b5-1 Plans and Hedging 38 Advisory Vote on Executive Compensation 38 Outstanding Equity Awards at Fiscal Year-End 38 Director Compensation 40 Stock Incentive Plans 40 401(k) Plan 41
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 43 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 44 PROPOSALS OF STOCKHOLDERS FOR THE 2025 MEETING 49 OTHER BUSINESS 50 ANNEX A – ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 A-1 ANNEX B – 2024 STOCK INCENTIVE PLAN B-1 ANNEX C – PROXY CARDS C-1 AULT ALLIANCE, INC. 11411 Southern Highlands Pkwy, Suite 240, Las Vegas, NV Telephone: (949) 444-5464 DEFINITIVE PROXY STATEMENT FOR THE MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 28, 2024 INFORMATION CONCERNING THE ANNUAL MEETING General The enclosed proxy is solicited by the Board of Directors (the " Board ") of Ault Alliance, Inc. (the " Company "), for use at the Annual Meeting of the Company's stockholders (the " Meeting ") to be held in virtual format on June 28, 2024 at 12:00 P.M. Eastern Time and at any adjournments thereof. Whether or not you expect to attend the Meeting, please vote your shares as promptly as possible to ensure that your vote is counted. The proxy materials will be furnished to stockholders on or about May 13, 2024. The Meeting will be held in a virtual meeting format only. You will not be able to attend the Meeting in person. To access the virtual meeting please click the Virtual Stockholder Meeting link: meetnow.global/M2WDDH5 . To login to the virtual meeting you have two option: Join as a "Guest" or Join as a "Stockholder." If you join as a "Stockholder" you will be required to have a control number. Action to be taken under Proxy Unless otherwise directed by the giver of the proxy, the persons named in the form of proxy, namely, Milton C. "Todd" Ault, III, the Company's Executive Chairman and William B. Horne, its Chief Executive Officer, or either one of them who acts, will vote: · To elect the six (6) director nominees named in the Proxy Statement to hold office until the next annual meeting of stockholders (the " Director Proposal "); · To rati