AULT GLOBAL HOLDINGS INC. overview

BitNile Holdings, Inc, (NYSE American: 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...

Ault Global Holdings, Inc. (NYSE American: 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...

Ault Global Holdings, Inc. (NYSE American: 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...

Ault Global Holdings, Inc. (NYSE American: 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...

Ault Global Holdings, Inc. (NYSE American: 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...

Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company, today announced its plan to split into two public companies by pursuing a spin-off of Ault Alliance to its stockholders. Ault Alliance will continue its focus on the Company’s legacy businesses and more recently initiated operations, including lending and investing in the real estate and distressed asset spaces, among others, defense, and power solutions, including EV charging products. Following the spin-off of...

Ault Global Holdings, Inc. (NYSE American: 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...

Ault Global Holdings, Inc. (NYSE American: 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...