Ault Alliance Announces Its Intention to Commence an Exchange Offer to Acquire Shares of Its Common Stock for up to $15 Million in Series D Preferred Shares (an Effective Price of $0.25 per Share of Common Stock Exchanged)
Up to 600,000 preferred shares would be issued at a ratio of one preferred share for each 100 shares of common stock submitted for exchange (for an aggregate of up to 60,000,000 shares of common stock) The $0.25 effective price per common share equivalent represents a 208% increase over the
