Ault Alliance, Inc., a Delaware-based corporation, along with its subsidiaries, has entered into an amendment to its existing Loan and Guaranty Agreement with Ault & Company, Inc. and other lenders on April 15, 2024. The amendment modifies the terms of the original Loan Agreement under which Ault Alliance borrowed $36 million and issued secured promissory notes totaling $38,918,919. A key change in the amendment is the extension of the deadline for Ault Alliance to maintain a minimum balance of $7 million in a segregated deposit account, which serves as a guarantee for the repayment of the notes. The new deadline is now May 15, 2024, extended from the original date of April 15, 2024. This segregated account is a critical component of the loan's security structure. The details of the amendment are disclosed in Exhibit 10.1 attached to the Form 8-K filed with the SEC.

Ault Alliance, Inc., a Delaware-based corporation, along with its subsidiaries, has entered into an amendment to its existing Loan and Guaranty Agreement with Ault & Company, Inc. and other lenders on April 15, 2024. The amendment modifies the terms of the original Loan Agreement under which Ault Alliance borrowed $36 million and issued secured promissory notes totaling $38,918,919. A key change in the amendment is the extension of the deadline for Ault Alliance to maintain a minimum balance of $7 million in a segregated deposit account, which serves as a guarantee for the repayment of the notes. The new deadline is now May 15, 2024, extended from the original date of April 15, 2024. This segregated account is a critical component of the loan's security structure. The details of the amendment are disclosed in Exhibit 10.1 attached to the Form 8-K filed with the SEC.