Summary by Futu AI
On June 28, 2024, Ault Alliance, Inc. conducted its 2024 Annual Meeting of Stockholders. The meeting saw the appointment of six directors and the approval of four out of five proposals presented. The approved proposals included the ratification of Marcum LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, the exercise of warrants to purchase the company's common stock, the conversion of Series C Convertible Preferred Stock into common stock and warrants, and an amendment to the company's Certificate of Incorporation to effect a reverse stock split. However, the Ault Alliance, Inc. 2024 Stock Incentive Plan was not approved. The voting results were detailed in the company's Form 8-K filed with the U.S. Securities and Exchange Commission.