Ault Alliance Returns to Treasury Common and Preferred Stock, Enhancing Financial Stability

LAS VEGAS--(BUSINESS WIRE)--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it has returned to treasury 101,362 shares of its 13% Series D cumulative redeemable perpetual preferred stock, which have a stated value of $2.5 million (the “Preferred Shares”) and 679,969 shares of its common stock (collectively with the Preferred Shares, the “Shares”). The retirement of the Preferred Shares reduces the Company’s annual dividend pa ...