Ault Alliance, Inc., a Delaware-based corporation, reported on March 8, 2024, that it has entered into a material definitive agreement with Ault & Company, Inc., an affiliate of the company. Under the agreement, Ault Alliance sold 500 shares of Series C convertible preferred stock and corresponding warrants to purchase 147,820 shares of common stock to Ault & Company, Inc. for a purchase price of $500,000. This transaction is part of a larger deal where the Purchaser has acquired an aggregate of 42,500 shares of Series C Convertible Preferred Stock and warrants to purchase 12,564,672 common shares for a total of $42.5 million. The agreement allows for the purchase of up to $50 million of Series C Convertible Preferred Stock and associated warrants. The sale of these securities was conducted under an exemption from registration requirements pursuant to Section 4(a)(2) of the Securities Act of 1933. The terms of the agreement were previously detailed in a Form 8-K filed with the SEC on November 7, 2023.

Ault Alliance, Inc., a Delaware-based corporation, reported on March 8, 2024, that it has entered into a material definitive agreement with Ault & Company, Inc., an affiliate of the company. Under the agreement, Ault Alliance sold 500 shares of Series C convertible preferred stock and corresponding warrants to purchase 147,820 shares of common stock to Ault & Company, Inc. for a purchase price of $500,000. This transaction is part of a larger deal where the Purchaser has acquired an aggregate of 42,500 shares of Series C Convertible Preferred Stock and warrants to purchase 12,564,672 common shares for a total of $42.5 million. The agreement allows for the purchase of up to $50 million of Series C Convertible Preferred Stock and associated warrants. The sale of these securities was conducted under an exemption from registration requirements pursuant to Section 4(a)(2) of the Securities Act of 1933. The terms of the agreement were previously detailed in a Form 8-K filed with the SEC on November 7, 2023.