Ault Alliance, Inc. has announced a series of financial and corporate developments involving transactions with related parties and the approval of new incentive plans. The company entered into agreements with Ault & Company, Inc. (A&C) for a convertible note and warrants transaction, and a securities purchase agreement for Series C convertible preferred stock and warrants, subject to stockholder and NYSE American approval. Additionally, Ault Alliance formed a subsidiary, Ault Energy, to partner with White River Holdings Corp. on oil drilling projects. The company also engaged in transactions with RiskOn International, Inc. (ROI), including a share exchange agreement and the purchase of ROI Series D Preferred shares. Alzamend Neuro, Inc. (Alzamend) entered into a marketing agreement with Ault Alliance and sold...Show More

Ault Alliance, Inc. has announced a series of financial and corporate developments involving transactions with related parties and the approval of new incentive plans. The company entered into agreements with Ault & Company, Inc. (A&C) for a convertible note and warrants transaction, and a securities purchase agreement for Series C convertible preferred stock and warrants, subject to stockholder and NYSE American approval. Additionally, Ault Alliance formed a subsidiary, Ault Energy, to partner with White River Holdings Corp. on oil drilling projects. The company also engaged in transactions with RiskOn International, Inc. (ROI), including a share exchange agreement and the purchase of ROI Series D Preferred shares. Alzamend Neuro, Inc. (Alzamend) entered into a marketing agreement with Ault Alliance and sold Series B Preferred shares and warrants to Ault Lending. Avalanche International Corp. (AVLP) issued a convertible note and warrants to Ault Alliance, and Ault Alpha, a former affiliate, was involved in transactions with AVLP. The company also proposed the 2024 Stock Incentive Plan for stockholder approval to provide equity incentives to key personnel. Executive compensation, including agreements with top executives and the CEO pay ratio, was disclosed. The company's 401(k) plans and policies on ownership, insider trading, and hedging were outlined. Stockholder proposals for the 2025 Annual Meeting and other business were also addressed.