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Ault Alliance | 8-K: Current report

Ault Alliance | 8-K: Current report

Ault Alliance | 8-K:重大事件
美股SEC公告 ·  07/19 06:16

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On July 18, 2024, Ault Alliance, Inc., a Delaware-incorporated company, entered into a material definitive agreement with an institutional investor. The agreement involves the sale of a $5,390,000 10% OID Convertible Promissory Note for a purchase price of $4,900,000. The note, which matures on October 19, 2024, will accrue interest at 15% per annum, increasing to 18% in the event of default. It is convertible into Class A common stock at $0.22 per share after NYSE approval, with a potential price adjustment on September 2, 2024, if the stock's closing bid price is lower than the conversion price. The offering is expected to close on July 19, 2024, and is made pursuant to the company's effective shelf registration statement and a prospectus supplement filed with the SEC. The company has also committed to seeking stockholder approval to exceed the NYSE's 19.99% limit on share issuance relative to the number of shares outstanding as of the execution date.
On July 18, 2024, Ault Alliance, Inc., a Delaware-incorporated company, entered into a material definitive agreement with an institutional investor. The agreement involves the sale of a $5,390,000 10% OID Convertible Promissory Note for a purchase price of $4,900,000. The note, which matures on October 19, 2024, will accrue interest at 15% per annum, increasing to 18% in the event of default. It is convertible into Class A common stock at $0.22 per share after NYSE approval, with a potential price adjustment on September 2, 2024, if the stock's closing bid price is lower than the conversion price. The offering is expected to close on July 19, 2024, and is made pursuant to the company's effective shelf registration statement and a prospectus supplement filed with the SEC. The company has also committed to seeking stockholder approval to exceed the NYSE's 19.99% limit on share issuance relative to the number of shares outstanding as of the execution date.
2024年7月18日,Delaware公司Ault Alliance, Inc.与一家机构投资者签订了一份重要的明确协议。该协议涉及出售价值为490万美元的10% OID可转换保证票据,票面价格为539万美元。这张票据将于2024年10月19日到期,年利率为15%,违约时增加至18%。经过纽交所的批准,转换价格为每股0.22美元的A类普通股,如该股票于2024年9月2日收盘买盘价格低于转换价格,则可能进行价格调整。该报价预计于2024年7月19日结束,并根据该公司的有效货架注册声明和提交给SEC的招股书补充说明进行。该公司还承诺寻求股东批准,以超过纽交所截至执行日期时发行股份的已发行普通股数的19.99%的限制。
2024年7月18日,Delaware公司Ault Alliance, Inc.与一家机构投资者签订了一份重要的明确协议。该协议涉及出售价值为490万美元的10% OID可转换保证票据,票面价格为539万美元。这张票据将于2024年10月19日到期,年利率为15%,违约时增加至18%。经过纽交所的批准,转换价格为每股0.22美元的A类普通股,如该股票于2024年9月2日收盘买盘价格低于转换价格,则可能进行价格调整。该报价预计于2024年7月19日结束,并根据该公司的有效货架注册声明和提交给SEC的招股书补充说明进行。该公司还承诺寻求股东批准,以超过纽交所截至执行日期时发行股份的已发行普通股数的19.99%的限制。
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