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UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
____________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
___________________________________________________________________
Date of Report (Date of earliest event reported): October
12, 2023
AULT ALLIANCE,
INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-12711 |
|
94-1721931 |
(State or other jurisdiction of
incorporation or organization) |
|
(Commission File Number) |
|
(I.R.S. Employer Identification No.) |
11411 Southern Highlands Parkway, Suite 240,
Las Vegas, NV 89141
(Address of principal executive offices) (Zip Code)
(949) 444-5464
(Registrant's telephone number, including area
code)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class |
|
Trading
Symbol(s) |
|
Name of each exchange on which registered |
Common Stock, $0.001 par value |
|
AULT |
|
NYSE American |
13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share |
|
AULT PRD |
|
NYSE American |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| ITEM 5.03 | AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR |
On October 6, 2023, Ault
Alliance, Inc., a Delaware corporation (the “Company”), filed a certificate of elimination of the certificate of designations
of preferred stock of Ault Alliance, Inc. (the “Certificate of Elimination”) with the Secretary of State of the State
of Delaware with respect to the Company’s Series C convertible preferred stock, par value $0.001 per share (“Series C Convertible
Preferred Stock”) which, effective upon filing, eliminated from the Company’s Certificate of Incorporation, as amended,
all matters set forth in the Certificate of Designations of Preferences, Rights and Limitations of Series C Convertible Preferred Stock.
A copy of the Certificate of Elimination with respect to the Company’s Series C Convertible Preferred Stock is attached as Exhibit
3.1 to this report and is incorporated herein by reference.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
AULT ALLIANCE, INC. |
|
|
|
|
|
|
|
Dated: October 12, 2023 |
/s/ Henry Nisser |
|
|
Henry Nisser
President and General Counsel |
|
-3-
Exhibit 3.1
Delaware The First State
Ia e 116 5 78 Out t hni a c n6 oA65 h1 coAo h1 o: coAo h1 2 t A7A6 a 2h : 6 05 n 6o/15 o: AooAn: 2 Ic A o6u A42 nh66 no nh35 h1 o: n
6o/1 /nAo h1 2 c /S4Ao/h4 h1 RAut o At t /A4n a I4n8#a 1 /t 2 /4 o: Ic h11 /n h4 o: c /Do: 2A5 h1 hnoh0 6a A828 - 0- 3a Ao 1:09 h 'nt
hni 38M8 Page 1 6551776 8100 Authentication: 204328386 SR# 20233677600 Date: 10-06-23 You may verify this certificate online at corp.delaware.gov/authver.shtml
State of Delaware Secretary of State Division of Corporations Delivered 01:09 PM 10/06/2023 FILED 01:09 PM 10/06/2023 SR 20233677600
- File Number 6551776 CERTIFICATE OF ELIMINATION OF THE CERTIFICATE OF DESIGNATIONS OF PREFERRED STOCK OF AULT ALLIANCE, INC. Pursuant
to Section 151(g) of the General Corporation Law of the State of Delaware Ault Alliance, Inc., a corporation organized and existing under
the laws of the State of Delaware (the "Corporation"), in accordance with the provisions of Section 151(g) of the General Corporation
Law of the State of Delaware (the "DGCL"), hereby certifies as follows: FIRST: Pursuant to the authority to the Board of Directors
of the Corporation (the "Board") by Section 151 of the DGCL, the Board, by resolution duly adopted, authorized the issuance
of, and established the voting powers, designation, preferences and relative, participating and other rights, and the qualifications,
limitations and restrictions of shares of Series C Preferred Stock, par value $0.001 per share (the "Series C Preferred Stock"),
as evidenced by the Certificate of Designation with respect to such Series C Preferred Stock filed with the Secretary of State of the
State of Delaware on July 3, 2023. SECOND: No shares of Series C Preferred Stock are outstanding and none will be issued subject to the
Certificate of Designation governing such Series C Preferred Stock. THIRD: Pursuant to a unanimous written consent of the Board dated
September 30, 2023, the Board duly adopted the following resolutions approving the proposed elimination of the Series C Preferred Stock
as follows: WHEREAS, the Certificate of Incorporation, as amended, of the Corporation provides for a class of its authorized stock known
as preferred stock, comprised of 25,000,000 shares, $0.001 par value per share, issuable from time to time in one or more classes; WHEREAS,
the Corporation previously authorized and designated a series of Preferred stock entitled the Series C Convertible Preferred Stock (the
"Previous Class"), on July 3, 2023 pursuant to the Amended and Restated Certificate of Designations and Preferences therefor
(the "Certificate of Designations"), none of which shares was ever issued; NOW, THEREFORE IT IS RESOLVED, the Corporation hereby
eliminates the Certificate of Designations originally filed with the State of Delaware on July 3, 2023 related to the Previous Class,
and be it further; RESOLVED, that the Corporation's Executive Chairman, its Chief Executive Officer and its President (each, an "Authorized
Person") be, and each of them individually is, authorized to execute the foregoing documents and/or instruments in connection with
the elimination of the Certificate of Designations on behalf of the Corporation, together with such amendments and changes thereto as
such Authorized Person in his sole discretion shall approve, and together with any other documents and/or instruments executed in connection
therewith, his signature thereon to be conclusive evidence of such approval; and be it further RESOLVED, that in addition to and without
limiting the foregoing, each Authorized Person and the Corporation's attorney, be and hereby is authorized to take, or cause to be taken,
such further action, and to execute and deliver, or cause to be delivered, for and in the name and on behalf of the Corporation, all
such instruments and documents as he may deem appropriate in order to effect the purpose or intent of the foregoing resolutions (as conclusively
evidenced by the taking of such action or the execution and delivery of such instruments, as the case may be) and all action heretofore
taken by such officer in connection with the subject of the foregoing recitals and resolutions be, and it hereby is, approved, ratified
and confirmed in all respects as the act and deed of the Corporation; and be it further RESOLVED, that all prior actions taken by the
Corporation and/or its officers for and/or on behalf of the Corporation be, and each such action hereby is, approved, ratified and confirmed;
and be it further RESOLVED, that this unanimous written consent may be executed in one or more counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the same instrument, and may be delivered to the Corporation by facsimile
or by an e-mail which contains a portable document format (.pdf) file of an executed signature page; and be it further FOURTH: In accordance
with Section 151(g) of the DGCL, the shares that were designated as Series C Preferred Stock are hereby returned to the status of authorized
but unissued shares of the Preferred Stock of the Corporation, without designation as to series. IN WITNESS WHEREOF, the Corporation
has caused this Certificate of Elimination to be signed by its duly authorized officer on the 5th day of October, 2023. AULT ALLIANCE,
INC. By: /s/ Henry Nisser Name: Henry Nisser Title: President
v3.23.3
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Entity File Number |
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|
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AULT ALLIANCE,
INC.
|
Entity Central Index Key |
0000896493
|
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94-1721931
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
11411 Southern Highlands Parkway
|
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Suite 240
|
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Las Vegas
|
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NV
|
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|
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|
Security Exchange Name |
NYSE
|
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13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share
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