Why Ault Alliance Stock Is Skyrocketing
Why Ault Alliance Stock Is Skyrocketing
Ault Alliance Inc (NASDAQ:AULT) shares are trading higher by 20% to $0.29 during Friday's session after the company announced that it received an investment of $44 million to date from Ault & Company under the November 2023 Securities Purchase Agreement.
Ault Alliance Inc（纳斯达克股票代码：AULT）股价在周五的交易中上涨了20％，至0.29美元，此前该公司宣布根据2023年11月的证券购买协议，迄今已从奥特公司获得了4400万美元的投资。
What Happened?
发生了什么？
Ault Alliance announced that its affiliate, Ault & Company, has invested $44.0 million according to a Securities Purchase Agreement. Ault & Company has acquired 44,000 shares of Series C convertible preferred stock and warrants to purchase around 13.0 million shares of the Company. They have the option to invest up to $75.0 million in multiple rounds.
Ault Alliance宣布，根据证券购买协议，其子公司Ault & Company已投资4,400万美元。Ault & Company已收购了44,000股C系列可转换优先股和认股权证，以购买该公司约1,300万股股份。他们可以选择在多轮融资中投资高达7,500万美元。
CEO and executive chairman Milton "Todd" Ault, III expressed confidence in the company's growth and future prospects, citing an increase in annual revenue from $8 million in 2017 to a projected $200 million this fiscal year. He highlighted the focus on core businesses such as Sentinum data centers and Circle 8 crane rentals, emphasizing the growth potential in the artificial intelligence data center space.
首席执行官兼执行董事长米尔顿· “托德” · 奥尔特三世表示对公司的增长和未来前景充满信心，理由是年收入从2017年的800万美元增加到本财年的预计2亿美元。他强调了对Sentinum数据中心和Circle 8起重机租赁等核心业务的关注，强调了人工智能数据中心领域的增长潜力。
According to data from Benzinga Pro, AULT has a 52-week high of $883.26 and a 52-week low of $0.22.
根据Benzinga Pro的数据，AULT的52周高点为883.26美元，52周低点为0.22美元。
译文内容由第三方软件翻译。