Ault Alliance, Inc. has announced the filing of a 424B5 form with the SEC, supplementing the prospectus dated March 12, 2024, and related to a registered direct offering of $2,000,000 in convertible promissory notes and up to 5,920,420 shares of common stock issuable upon conversion. The notes, convertible at $0.35 per share, were sold to two institutional investors on March 11, 2024. The company received $1.8 million in gross proceeds from the sale, with no proceeds expected from the conversion of the notes. Between March 12 and April 15, 2024, no conversions occurred, and effective April 16, 2024, future issuances under the prospectus were halted. The company may offer and sell up to $350,000,000 in various securities in the future. The date of the prospectus supplement is April 16, 2024, and the common stock is listed on the NYSE American under the symbol 'DPW'.

Ault Alliance, Inc. has announced the filing of a 424B5 form with the SEC, supplementing the prospectus dated March 12, 2024, and related to a registered direct offering of $2,000,000 in convertible promissory notes and up to 5,920,420 shares of common stock issuable upon conversion. The notes, convertible at $0.35 per share, were sold to two institutional investors on March 11, 2024. The company received $1.8 million in gross proceeds from the sale, with no proceeds expected from the conversion of the notes. Between March 12 and April 15, 2024, no conversions occurred, and effective April 16, 2024, future issuances under the prospectus were halted. The company may offer and sell up to $350,000,000 in various securities in the future. The date of the prospectus supplement is April 16, 2024, and the common stock is listed on the NYSE American under the symbol 'DPW'.