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BitNile to focus on Bitcoin mining, data center operations and decentralized finance opportunities; Ault Alliance to continue legacy operations Key Takeaways: Ault Global Holdings, Inc. (the "Company") to change its name to BitNile Holdings, Inc. and stock symbol to NILE by the end of 2021; Company to reorganize operations into two primary subsidiaries, BitNile, Inc. ("BitNile") and Ault Alliance, Inc. ("Ault Alliance"); Ault Alliance to be spun off as a separate public company to stockholders in 2022; BitNile will focus on Bitcoin mining, data center operations and decentralized finance ("DeFi") initiatives; Ault Alliance will focus on lending and investing, defense, and power
Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), today announced its financial results for the three and nine months ended September 30, 2021. Nine months ended September 30, 2021 highlights: Revenue of $44.6 million, an increase of 167% from $16.7 million in the prior nine-month period; Revenue from lending and trading activities of $19.6 million due to the allocation of capital to DP Lending; Revenues from our trading activities during the nine months ended September 30, 2021 included significant net gains on equity securities, including unrealized gains and losses from market price changes. These gains and losses have caused and will continue to
Company to Hold Special Stockholder Conference Call and Webcast for Major Corporate Announcement Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), announced today that it has postponed its conference call and webcast to discuss the financial results for the third quarter 2021 scheduled for Thursday, November 18, 2021 at 3:00 p.m. (PT) to Monday, November 22, 2021 at 6:00 a.m. (PT). The Company's Executive Chairman, Milton "Todd" Ault, III and its CEO, William Horne will be hosting. Joining Mr. Ault and Mr. Horne will be Kenneth Cragun, the Company's CFO. During the call, Mr. Ault and Mr. Horne will discuss a major corporate announcement along with the fi
4 - Ault Global Holdings, Inc. (0000896493) (Issuer)
4 - Ault Global Holdings, Inc. (0000896493) (Issuer)
4 - Ault Global Holdings, Inc. (0000896493) (Issuer)
8-K - BitNile Holdings, Inc. (0000896493) (Filer)
8-K - BitNile Holdings, Inc. (0000896493) (Filer)
8-K - BitNile Holdings, Inc. (0000896493) (Filer)
https://twitter.com/ToddAultIII/status/1470809363715530755
https://twitter.com/ToddAultIII/status/1469337708614930436
Effective at the Open of Market Trading Today, the Company Will Begin Trading as BitNile Holdings, Inc. (NYSE:NILE) BitNile Holdings, Inc, (NYSE:NILE) a diversified holding company (the "Company"), announced today that it has completed the Company's previously announced corporate name change from "Ault Global Holdings, Inc." to "BitNile Holdings, Inc." In conjunction with the corporate name change, the Company will begin trading on the NYSE American under the new ticker symbol, NILE, effective at the open of market trading today, December 13, 2021. This change follows the Company's announced plan to split into two public companies by pursuing a spin-off of Ault Alliance, Inc. ("Ault Allia
TurnOnGreen's EV700 Product Available for Order and Immediate Fulfillment from Amazon.com, Walmart and TurnOnGreen Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. ("TurnOnGreen"), has completed the rigorous safety testing for its TurnOnGreen™ EV700, a Level 2 240V/32A electrical vehicle supply equipment product line, obtaining safety certification in accordance with the UL 2594 standard, a mandatory requirement for electric vehicle ("EV") chargers in North America. This press release features multimedia. View the full release here: https://www.businesswire.co
Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), announced today that its subsidiary, BitNile, Inc. ("BitNile"), was the lead investor in a Series A offering from Earnity Inc. ("Earnity"), a San Mateo, Calif. based decentralized finance ("DeFi") marketplace. Joining the Series A investment round are institutional investors Thorney, an Australian Securities Exchange-listed LIC company, and blockchain fund NGC Ventures. The investment by BitNile complements the Company's announced plan to split into two public companies by pursuing a spin-off of Ault Alliance, Inc. ("Ault Alliance") to its stockholders. Following the spin-off of Ault Alliance, the Company,
SC 13D/A - Ault Global Holdings, Inc. (0000896493) (Subject)
SC 13D/A - Ault Global Holdings, Inc. (0000896493) (Filed by)
SC 13D - Ault Global Holdings, Inc. (0000896493) (Subject)
Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), announced that Adtech Pharma, Inc. ("Adtech"), has appointed Jodi Brichan, to its Board of Directors. Ms. Brichan was a member of the board of directors of the Company until August 13, 2021. In June of 2021, the Company entered a securities purchase agreement (the "Agreement") with Adtech that granted the Company the right to acquire up to 40% of the current equity in Adtech, an innovative biotechnology company, for $3 million. The right to appoint Ms. Brichan was provided for in the Agreement. The investment in Adtech was made through Digital Power Lending, LLC, a wholly owned subsidiary of the Company. J
Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company ("AGH," or the "Company"), announced the results of the Company's 2021 Annual Meeting of Stockholders (the "Meeting"), which was held today, August 13, 2021, at 9:00 a.m. PT, and at which time the seven proposals voted upon, as set forth in the Company's Definitive Proxy Statement dated June 7, 2021 (the "Proxy Statement"), were approved by the stockholders. At the Meeting, the stockholders voted upon and approved the following proposals as described in the Proxy Statement: Election of the eight (8) director nominees named in the Proxy Statement to hold office until the next annual meeting of stockholders; Ratificatio
LAS VEGAS--(BUSINESS WIRE)--Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (“AGH,” or the “Company”) today announced that the Company’s annual meeting of stockholders (the “Meeting”), scheduled as a virtual meeting format only, today at 9:00 a.m. PT was adjourned due to lack of a quorum. There will be no change to the record date for the Meeting of May 27, 2021. Based on the absence of quorum, the Company elected to adjourn the Meeting until 9:00 a.m. (Pacific Time) on August 13, 2021 for the purpose of allowing additional time for stockholders to vote on the Proposals contained in the Proxy Statement dated June 7, 2021 (the “Proxy Statement”). As de