AULT AULT ALLIANCE INC.

Ault Alliance Launches New FinTech Offering Monthlyincome.com

(NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) announced today the launch of its new FinTech offering via the Company’s online investing platform , which provides opportunities for investors to purchase senior unsecured notes and earn fixed monthly income.

Monthlyincome.com is a new FinTech platform created to provide both accredited and non-accredited investors the opportunity to earn monthly income through unique investment opportunities. Initially, the Company through the Monthlyincome.com platform will offer a range of investment instruments, including one-, three- and five-year senior unsecured notes paying annual interest at 7.0%, 8.5% and 10.5%, respectively. Ault Alliance will offer these senior notes directly through its Monthlyincome.com portal. For more information about the senior notes offering, interested parties are encouraged to visit Monthlyincome.com. Interested parties may also refer to the Ault Alliance prospectus supplement, pursuant to which the senior notes have been registered, with the Securities and Exchange Commission on September 1, 2023. The senior notes are a new issue of securities and the Company has no current plans to list the notes for trading or quotation on a securities exchange or market.

The long-term objective for Monthlyincome.com is to create a platform that connects investors with high-yield investment opportunities, which although not FDIC-insured like bank investments, are designed to provide fixed monthly returns higher than the best-paying bank savings accounts and certificates of deposit. Monthlyincome.com plans to expand its FinTech offerings across a multitude of sectors and verticals, including real estate, direct lending and private equity-like transactions. Utilizing the in-depth commercial lending experience of Ault Alliance’s subsidiary Ault Lending, LLC (“Ault Lending”), Monthlyincome.com aims to build a diversified portfolio of high-income generating opportunities for customers. It is expected that Ault Lending will provide support for Monthlyincome.com in selecting the offerings through sourcing, underwriting, diligence and management of the eventual investments.

Milton “Todd” Ault III, Executive Chairman of Ault Alliance, shared his excitement on the launch of Monthlyincome.com stating, “We could not be more excited for the launch of the Company’s new FinTech offering, Monthlyincome.com. We believe this platform will be uniquely situated to offer better overall interest rate returns to investors and we look forward to bringing new exciting opportunities to both accredited and non-accredited investors as Monthlyincome.com grows.”

Ault Alliance is not a bank, registered broker-dealer or investment adviser. Funds invested with Ault Alliance, including through the Monthlyincome.com platform, do not have FDIC or SIPC insurance, and could be lost if the investment fails. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section of the Company’s website at or at .

About Ault Alliance, Inc.

Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through its licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; .

Legal Disclaimer

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification under the securities laws of any such state or jurisdiction.

Prospectus Supplement and Company SEC Filings

THE COMPLETE TERMS AND CONDITIONS OF THE NOTES ARE SET FORTH IN THE PROSPECTUS SUPPLEMENT FILED ON SEPTEMBER 1, 2023 WITH THE SECURITIES AND EXCHANGE COMMISSION. PROSPECTIVE PURCHASERS OF THE NOTES ARE STRONGLY ENCOURAGED TO READ THE PROSPECTUS SUPPLEMENT, AND IN PARTICULAR THE RISK FACTORS CONTAINED IN THE PROSPECTUS SUPPLEMENT AND BASE PROSPECTUS, AS WELL AS THE RISK FACTORS AND FINANCIAL INFORMATION CONTAINED IN THE COMPANY’S OTHER PUBLIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE TERMS AND CONDITIONS OF THE NOTES AND THE COMPANY’S FINANCIAL CONDITION. SUCH DOCUMENTS ARE AVAILABLE WITHOUT CHARGE AT THE SECURITIES AND EXCHANGE COMMISSION’S WEBSITE AT AND ON THE COMPANY’S WEBSITE AT

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events, except as required by U.S. federal securities laws. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the SEC, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at and on the Company’s website at .

EN
12/09/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AULT ALLIANCE INC.

 PRESS RELEASE

Hyperscale Data’s Defense Subsidiaries Seeing Increase in Demand

LAS VEGAS--(BUSINESS WIRE)-- (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that two of its defense industry subsidiaries, Enertec Systems 2001 Ltd. and Digital Power Corporation, are seeing an increase in demand for their products, which they believe are due to the current situation in the Middle East. As the conflict has unfolded, the defense subsidiaries have seen a marked increase of governments and contractors looking for defense technologies and solutions. The ongoing crisis has put a tremendous strain on inventory supplies an...

 PRESS RELEASE

Hyperscale Data Subsidiary Signs Contract to Sell St. Petersburg Devel...

LAS VEGAS--(BUSINESS WIRE)-- (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that its wholly owned indirect subsidiary, Third Avenue Apartments LLC, has signed a Purchase and Sale Agreement (“PSA”) with a large New York based real estate firm, to sell its St. Petersburg development property. The decision to sell the property aligns with the previously announced reorganization efforts and the Company’s desire to streamline operations and create a pure-play data center business. “We are excited to have reached an agreement for the sal...

 PRESS RELEASE

Hyperscale Data Issues Letter to Stockholders

LAS VEGAS--(BUSINESS WIRE)-- (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today shared a letter from its Chief Executive Officer to its stockholders. Dear Stockholders, I hope this message finds you well. I am pleased to share developments that underscore the potential of our Michigan data center amidst the ongoing artificial intelligence (“AI”) evolution. We believe that our Michigan data center is an exceptional property, with 14 acres under roof and an additional 20 open acres for potential future development. This facility is powered by bot...

 PRESS RELEASE

Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share...

LAS VEGAS--(BUSINESS WIRE)-- (NYSE American: GPUS), a diversified holding company (“Hyperscale,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is September 30, 2024, and the payment date is Thursday, October 10, 2024. Link to NYSE quote for the Company’s 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock: For more information on Hyperscale Data and its subsidiaries, Hypersca...

 PRESS RELEASE

Ault Alliance to Rebrand as Hyperscale Data, Inc., Effective September...

LAS VEGAS--(BUSINESS WIRE)-- (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), will rebrand as Hyperscale Data, Inc. (“Hyperscale”) and trade under the new ticker symbol “GPUS” starting September 10, 2024. The Series D Preferred Shares ticker symbol will also change from “AULT PRD” to “GPUS PRD.” Current stockholders do not need to take any action. The rebranding aims to emphasize the Company’s dedication to enhancing its data center operations. Hyperscale will focus on expanding its flagship Michigan artificial intelligence (“AI”) data center from app...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch