Ault Alliance Announces An Initial Partial Distribution Of TOG Securities Of ~$2.12/Share Of Ault Alliance Common Stock; Ault Alliance Will Distribute 40 Shares And Warrants To Purchase 40 Shares Of Imperalis Holding Corp., With A Record Date Of June 26

Benzinga · Jun 16, 2023 09:51

Ault Alliance, Inc. (NYSE:AULT), a diversified holding company, ("Ault Alliance" or the "Company"), hereby announces an update on its distribution (the "Initial Distribution") related to securities of Imperalis Holding Corp. (OTC:IMHC), d/b/a TurnOnGreen, Inc. ("TurnOnGreen"). In the Initial Distribution, stockholders of the Company will receive forty (40) shares of TurnOnGreen common stock and warrants to purchase forty (40) shares of TurnOnGreen common stock (the "TOG Securities") for each share of common stock of the Company that they own on the record date. Based on yesterday's closing price, the market value of only the forty (40) shares of TurnOnGreen...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

Ault Alliance Announces An Initial Partial Distribution Of TOG Securities Of ~$2.12/Share Of Ault Alliance Common Stock; Ault Alliance Will Distribute 40 Shares And Warrants To Purchase 40 Shares Of Imperalis Holding Corp., With A Record Date Of June 26

Risk Disclaimer