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Ault Alliance | 424B5: Prospectus

Ault Alliance | 424B5: Prospectus

Ault Alliance | 424B5:募資說明書
美股sec公告 ·  07/19 06:11
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Ault Alliance, Inc. has announced the offering of a $5,390,000 10% OID Convertible Promissory Note to an institutional investor. The Note, issued under a note purchase agreement, is being sold for a purchase price of $4,900,000, reflecting an original issue discount of 10%. Interest on the Note will accrue at a rate of 15% per annum, increasing to 18% in the event of default. The Note is convertible into shares of Ault Alliance's Class A common stock at a conversion price of $0.22 per share, subject to adjustments. The conversion is contingent upon NYSE approval of the Supplemental Listing Application. If the closing bid price of the Common Stock is lower than the Conversion Price on the Adjustment Date of September 2, 2024, the Conversion Price will be reduced to 85% of the closing bid price. The Note will mature on October 19, 2024, and Ault Alliance will not receive any proceeds from the issuance of Conversion Shares upon conversion of the Note. The offering is expected to close on or about July 19, 2024, subject to customary closing conditions.
Ault Alliance, Inc. has announced the offering of a $5,390,000 10% OID Convertible Promissory Note to an institutional investor. The Note, issued under a note purchase agreement, is being sold for a purchase price of $4,900,000, reflecting an original issue discount of 10%. Interest on the Note will accrue at a rate of 15% per annum, increasing to 18% in the event of default. The Note is convertible into shares of Ault Alliance's Class A common stock at a conversion price of $0.22 per share, subject to adjustments. The conversion is contingent upon NYSE approval of the Supplemental Listing Application. If the closing bid price of the Common Stock is lower than the Conversion Price on the Adjustment Date of September 2, 2024, the Conversion Price will be reduced to 85% of the closing bid price. The Note will mature on October 19, 2024, and Ault Alliance will not receive any proceeds from the issuance of Conversion Shares upon conversion of the Note. The offering is expected to close on or about July 19, 2024, subject to customary closing conditions.
Ault Alliance公司宣佈向機構投資者發行價值5,390,000美元的10% OID可轉換籤字期票據。該票據由票據購買協議發行,售價爲4,900,000美元,反映了10%的原始發行折扣。該票據的利息將以15%的年利率計息,在違約事件發生後將升至18%。該票據可按照每股0.22美元的轉換價的轉換爲Ault Alliance公司的A類普通股,轉換受到調整的影響。轉換取決於紐交所對補充上市申請的批准。如果普通股的收盤買盤價低於2024年9月2日的調整價格,則轉換價格將下調爲收盤買盤價的85%。該票據的到期日爲2024年10月19日,Ault Alliance公司將不會收到任何轉換後發行的股票收益。預計該發行將於2024年7月19日左右結束,依照慣例的結算條件。
Ault Alliance公司宣佈向機構投資者發行價值5,390,000美元的10% OID可轉換籤字期票據。該票據由票據購買協議發行,售價爲4,900,000美元,反映了10%的原始發行折扣。該票據的利息將以15%的年利率計息,在違約事件發生後將升至18%。該票據可按照每股0.22美元的轉換價的轉換爲Ault Alliance公司的A類普通股,轉換受到調整的影響。轉換取決於紐交所對補充上市申請的批准。如果普通股的收盤買盤價低於2024年9月2日的調整價格,則轉換價格將下調爲收盤買盤價的85%。該票據的到期日爲2024年10月19日,Ault Alliance公司將不會收到任何轉換後發行的股票收益。預計該發行將於2024年7月19日左右結束,依照慣例的結算條件。
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