Ault Alliance Files Proxy Statement for August Meeting

TL;DR

Ault Alliance (BITC) proxy filed, annual meeting Aug 26. Standard stuff.

AI Summary

Ault Alliance, Inc. (formerly BitNile Holdings, Inc.) filed a DEF 14A proxy statement on August 6, 2024, for its annual meeting on August 26, 2024. The company, previously known as Ault Global Holdings, Inc. and DPW Holdings, Inc., is headquartered in Las Vegas, NV, and operates in the Electronic Components sector. This filing is a routine proxy statement and does not appear to contain specific financial proposals or executive compensation details beyond standard disclosures.

Why It Matters

This filing is a standard procedural document required for public companies to hold shareholder meetings, indicating the company is proceeding with its annual governance activities.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is a standard disclosure document for public companies and does not inherently present new risks.

Key Players & Entities

• Ault Alliance, Inc. (company) — Registrant
• BitNile Holdings, Inc. (company) — Former company name
• Ault Global Holdings, Inc. (company) — Former company name
• DPW Holdings, Inc. (company) — Former company name
• August 26, 2024 (date) — Annual meeting date
• August 6, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $5,390,000 — ote ”) in the principal amount of $5,390,000 into the Company’s Class A common
• $0.001 — rsquo;s Class A common stock, par value $0.001 per share (the “ Common Stock &rd
• $3 — titled to cast, shall not be lower than $3.075, which represents the closing sale
• $4,900,000 — to the Investor for a purchase price of $4,900,000. The Note is convertible at any time af

Filing Documents

• d86245def14a.htm (DEF 14A) — 119KB
• proxycard-001.jpg (GRAPHIC) — 76KB
• proxycard-002.jpg (GRAPHIC) — 59KB
• proxycard-003.jpg (GRAPHIC) — 117KB
• proxycard-004.jpg (GRAPHIC) — 91KB
• 0001214659-24-013917.txt ( ) — 594KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 10 OTHER BUSINESS 11 ANNEX A – PROXY CARDS A-1 i 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 AUGUST 26, 2024 INFORMATION CONCERNING THE SPECIAL MEETING General The enclosed proxy is solicited by the Board of Directors (the “ Board ”) of Ault Alliance, Inc. (the “ Company ”), for use at the Special Meeting of the Company’s stockholders (the “ Meeting ”) to be held in virtual format on August 26, 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 August 12, 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/ MXYF7FH . 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: · FOR the approval, pursuant to Rule 713(a) of the NYSE American, of the conversion of the Company’s 10% OID Convertible Promissory Note (the “ Note ”) in the principal amount of $5,390,000 into the Company’s Class A common stock, par value $0.001 per share (the “ Comm

View Full Filing

View this DEF 14A filing on SEC EDGAR