Ault Global Holdings Inc., through its subsidiaries, designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical, and industrial-telecommunication industries in North America, Europe, the Middle East, and internationally. It offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers. The comany also provides power conversion and distribution equipment, direct current/active current inverters, and uninterrupted power supply (UPS) products; and radio frequency and microwave filters, diplexers, multiplexers, detectors, switch filters, integrated assemblies, and detector logarithmic video amplifiers, as well as provides commercial loans. In addition, it manufactures specialized electronic systems for the military market; and offers AC-DC power supplies, DC-DC converters, and displays and EMC filters, as well as distributes value added power supply solutions, UPS systems, fans, filters, line cords, and other power-related components. Further, the company also operates data centers, and provides digital marketing services. It sells its products directly through its sales force, as well as through independent manufacturer representatives and distributors. The company was formerly known as DPW Holdings, Inc. and changed its name to Ault Global Holdings Inc. in January 2021. Ault Global Holdings Inc. was incorporated in 1969 and is headquartered in Las Vegas, Nevada.
IPO Year: n/a
Exchange: AMEX
Website: aultglobal.com
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,
Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), today published an unaudited update on Bitcoin production and miner installation by its subsidiary, BitNile, Inc. ("BitNile"). BitNile's Bitcoin mining production is currently operating at an estimated annualized run rate of 287.6 Bitcoin or approximately $16.6 million based on a market value of Bitcoin of $57,800, and current market conditions, including a mining difficulty level of 22.3 trillion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211201005436/en/ A summary of BitNile's Bitcoin production and mining operations metrics as of Novembe
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 partnered with The Alisal Guest Ranch and Resort ("The Alisal"), in Solvang, Calif., to expand the property's electric vehicle charging capabilities for resort guests and visitors. TurnOnGreen will initiate a multi-phase electric vehicle ("EV") charger installation plan in December of 2021, starting with the installation of EVP700G level 2 electric vehicle charging stations in the guest parking lot. This press release features multimedia. View the full release here: https://www.businesswire.
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
Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), announced today that it has completed the "at-the-market" ("ATM") equity offering program under which it sold, from time to time, shares of its common stock for aggregate gross proceeds of $200 million. The Company sold the total $200 million at an average price of $3.81 per share. The shares of common stock were offered through Ascendiant Capital Markets, LLC, in its capacity as the sales agent. The Company believes the $200 million in proceeds from the ATM equity offering have been transformational, resulting in a strong balance sheet and providing the Company its most promising opportunities in its over
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
BitNile's Hash Rate Expected to Increase to Approximately 2.16 EH/s Once All Miners Are Fully Deployed Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), announced today that its subsidiary, BitNile, Inc. ("BitNile"), has entered into contracts with Bitmain Technologies Limited ("BITMAIN"), to purchase an additional 16,000 Bitcoin miners. These purchase agreements represent the achievement of BitNile's stated goal of obtaining no less than 20,000 Bitcoin miners. The purchase includes both the environmentally friendly S19 XP Antminers that feature a processing power of 140 terahashes per second (TH/s) with an energy consumption of 3.01 kilowatt-hours (kWh)
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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
Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), announced today that its Executive Chairman, Milton "Todd" Ault, III and its CEO, William Horne will host a conference call via webcast to discuss the financial results for the third quarter 2021 on Thursday, November 18, 2021 at 3:00 p.m. (PT), after the close of the financial markets. Joining Mr. Ault and Mr. Horne will be Kenneth Cragun, the Company's CFO. During the call, Mr. Ault and Mr. Horne will discuss the financial performance and outlook of the Company and its subsidiaries as well as other forward-looking matters. Following the prepared remarks, the Company may answer questions received prior to
CHICAGO, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Cosmos Holdings, Inc. ("the Company") (OTCQX: COSM), an international pharmaceutical company with a proprietary line of nutraceuticals and distributor of branded and generic pharmaceuticals, nutraceuticals, OTC medications and medical devices, through an extensive, established European Union distribution network, today announced that the Company has entered into agreements for investments of approximately $5.5 million from a subsidiary of Ault Global Holdings, Inc. (NYSE:DPW) ("Ault Global"). The first investment, a convertible promissory note, resulted in immediate net proceeds of approximately $500,000. The second investment, for $5 million in
Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), reminds shareholders and all interested parties that today its Executive Chairman, Milton "Todd" Ault, III, and its CEO, William Horne, will host a conference call via webcast to discuss the financial results for the second quarter 2021 at 2:30 p.m. (PDT). Joining Mr. Ault and Mr. Horne will be Kenneth Cragun, the Company's CFO. During the call, Mr. Ault and Mr. Horne will discuss the financial performance and outlook of the Company and its subsidiaries as well as other forward-looking matters. Following the prepared remarks, the Company may answer questions received prior to the conference call and may h
Q2 2021 Revenue of $62.1 Million, up 1050% From the Prior Year's Quarter Q2 2021 Net Income of $42.2 Million Compared to a $1.4 Million Loss in the Prior Year's Quarter Total Assets of More Than a Quarter of a Billion Dollars ($259.1 Million) Ault Global Holdings, Inc. (NYSE:DPW) a diversified holding company (the "Company"), today announced its financial results for the second quarter ended June 30, 2021. Q2-2021 highlights Revenue of $62.1 million, an increase of 1050% from $5.4 million in the prior second fiscal quarter; Revenue from lending and trading activities of $53.3 million due to the allocation of capital to the Company's wholly owned subsidiary, Digital Power Lending, LL
Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), announced today that its Executive Chairman, Milton "Todd" Ault, III and its CEO, William Horne will host a conference call via webcast to discuss the financial results for the second quarter 2021 on Monday, August 16, 2021 at 2:30 p.m. (PDT). Joining Mr. Ault and Mr. Horne will be Kenneth Cragun, the Company's CFO. During the call, Mr. Ault and Mr. Horne will discuss the financial performance and outlook of the Company and its subsidiaries as well as other forward-looking matters. Following the prepared remarks, the Company may answer questions received prior to the conference call and may host a brief Q
LAS VEGAS--(BUSINESS WIRE)--Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced that as of January 29, 2021, the Company had purchased an aggregate of 295,000 shares of common stock or 9.96% equity interest in NTN Buzztime, Inc. (NYSE American: NTN) (“NTN”). The Company purchased the shares of common stock at a weighted average price of $3.42 per share in the open market, for total gross proceeds of $1,010,095. For further information, see the Schedule 13D filed by the Company on January 29, 2021. Milton “Todd” Ault, III, the Executive Chairman of the Company, stated, “We believe NTN’s assets, particularly its gaming assets an
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
Ault Global Holdings, Inc. (NYSE: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 described in the Proxy Statement, the Meeting wi
Ault Global Holdings, Inc. (NYSE: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 July 23, 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 described in the Proxy Statement, the Meeting wil
LAS VEGAS--(BUSINESS WIRE)--Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), today announced the appointment of Douglas P. Gintz as Chief Technology Officer (“CTO”) and Director of Global Technology Implementation. Mr. Gintz will be responsible for driving strategic, cross-company technology initiatives. He will be instrumental in delivering key technologies essential to driving market penetration of the Coolisys Technologies Corp. electric vehicle (“EV”) charging systems including cloud-based software, and networking capability. Mr. Gintz brings 25 years of experience delivering technology solutions to a broad audience. He has hands-
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8-K - BitNile Holdings, Inc. (0000896493) (Filer)
8-K - BitNile Holdings, Inc. (0000896493) (Filer)
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