Kayson C. Pulsipher, the Chief Financial Officer of RiskOn International, Inc., filed an Initial Statement of Beneficial Ownership of Securities with the SEC on February 6, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, indicates that Pulsipher beneficially owns Series C Convertible Preferred Stock in RiskOn International, which is convertible into 11,667 shares of common stock at a price of $7.50 per share. This ownership stake was acquired through a Share Exchange Agreement involving Ault Alliance, Inc., BitNile.com, Inc., and certain minority shareholders, including Pulsipher. The Series C stock is convertible one day after the record date for shareholder approval of the agreement, subject to Nasdaq's 19.9% beneficial ownership limitation without shareholder approval. The conversion price is subject to adjustments, potentially including a decrease if RiskOn International closes a qualified financing of at least $25 million at a lower share price.

Kayson C. Pulsipher, the Chief Financial Officer of RiskOn International, Inc., filed an Initial Statement of Beneficial Ownership of Securities with the SEC on February 6, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, indicates that Pulsipher beneficially owns Series C Convertible Preferred Stock in RiskOn International, which is convertible into 11,667 shares of common stock at a price of $7.50 per share. This ownership stake was acquired through a Share Exchange Agreement involving Ault Alliance, Inc., BitNile.com, Inc., and certain minority shareholders, including Pulsipher. The Series C stock is convertible one day after the record date for shareholder approval of the agreement, subject to Nasdaq's 19.9% beneficial ownership limitation without shareholder approval. The conversion price is subject to adjustments, potentially including a decrease if RiskOn International closes a qualified financing of at least $25 million at a lower share price.