Hyperscale Data, Inc. — Director's Dealing 2024

Aug 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ault Alliance, Inc. (AULT)
CIK: 0000896493
Period of Report: 2024-08-02

Reporting Person: AULT MILTON C III (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-08-05	Series C Convertible Preferred Stock	$	P	300	Acquired		Common Stock ()	Indirect
2024-08-05	Series C Warrants	$0.22	P	88692	Acquired	2029-08-04	Common Stock (88692)	Indirect

Footnotes

F1: Each share of Series C Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) the lesser of (A) $0.22 or (B) 105% of the volume weighted average price of the Common Stock during the ten trading days immediately prior to the date of conversion (the "Conversion Price"). The Conversion Price is subject to adjustment in the event of an issuance of Common Stock at a price per share lower than the Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.

F2: The Series C Convertible Preferred Stock has no expiration date.

F3: As of August 2, 2024, the Conversion Price was $0.22 a share, so each share of Series C Convertible Preferred Stock is convertible into approximately 4,545 shares of Common Stock.

F4: Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.