Ault Alliance Announces That TurnOnGreen’s Common Stock is Now Quoted on OTC Link ATS Under the Symbol IMHC
December 01 2023 - 5:30AM
Business Wire
Ault Alliance, Inc. (NYSE American: AULT), a diversified holding
company (“Ault Alliance,” or the “Company”), is
pleased to announce that its subsidiary, Imperalis Holding Corp.
(OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen”), had its
common stock start being quoted on the OTC Link ATS beginning
November 29, 2023.
On November 28, 2023, the Financial Industry Regulatory
Authority (“FINRA”) advised a registered broker-dealer that it has
demonstrated compliance with FINRA Rule 6432 and may initiate a
priced quotation on OTC Link ATS for TurnOnGreen under the symbol
“IMHC.”
Milton “Todd” Ault III, Executive Chairman of Ault Alliance,
said, “We are pleased to see this significant milestone for
TurnOnGreen with its quotation of prices on the over-the-counter
market. The availability of the facilities of OTC Link ATS
facilitates trading of TurnOnGreen common stock and provides
additional liquidity for its stockholders.”
The Company remains committed to completing the final
distribution of approximately 24.9 million shares of TurnOnGreen
common stock and warrants to purchase 24.9 million shares of
TurnOnGreen common stock to Ault Alliance stockholders as soon as
circumstances permit.
For more information on Ault Alliance and its subsidiaries, Ault
Alliance recommends that stockholders, investors, and any other
interested parties read Ault Alliance’s public filings and press
releases available under the Investor Relations section at
www.Ault.com or at www.sec.gov.
About Ault Alliance, Inc.
Ault Alliance, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly and
majority-owned subsidiaries and strategic investments, Ault
Alliance owns and operates a data center at which it mines Bitcoin
and offers colocation and hosting services for the emerging
artificial intelligence ecosystems and other industries, and
provides mission-critical products that support a diverse range of
industries, including metaverse platform, oil exploration, crane
services, defense/aerospace, industrial, automotive,
medical/biopharma, consumer electronics, hotel operations and
textiles. In addition, Ault Alliance extends credit to select
entrepreneurial businesses through a licensed lending subsidiary.
Ault Alliance’s headquarters are located at 11411 Southern
Highlands Parkway, Suite 240, Las Vegas, NV 89141;
www.Ault.com.
About TurnOnGreen
TurnOnGreen Inc. (OTC: IMHC) designs and manufactures
innovative, feature-rich, and top-quality power products for
mission-critical applications, lifesaving and sustaining
applications spanning multiple sectors in the harshest
environments. The diverse markets we serve include defense and
aerospace, medical and healthcare, industrial, telecommunications
and e-Mobility. TurnOnGreen brings decades of experience to every
project, working with our clients to develop leading-edge products
to meet a wide range of needs. TurnOnGreen headquarters are located
at Milpitas, CA; www.TurnOnGreen.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are
made, and the Company undertakes no obligation to update any of
them publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8- K. All filings are available at www.sec.gov and on the Company’s
website at www.Ault.com.
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Ault Alliance Investor Contact: IR@Ault.com or
1-888-753-2235
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