2023-06-16 07:16:52 ET
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Ault Alliance ( NYSE: AULT ) announces the partial distribut ion of 40 shares and warrants to purchase 40 shares of Imperalis ( OTCPK:IMHC ) with a record date of June 26, 2023.
Based on the previous day's closing price, the market value of only 40 shares of TurnOnGreen or IMHC stock would result in a dividend of $2.12 per share. The company has set a payment date of no later than July 10, 2023, subject to adjustment.
AULT expects that the distribution will constitute an aggregate of 140M shares of TurnOnGreen stock and warrants to purchase 140M shares.
AULT price has climbed 11% during pre-market hours on Friday.
For further details see:
Ault Alliance announce partial distribution of TOG securities, ~$2.12 per share