Ault Alliance Inc (AULT)

Shares of Ault Alliance Inc (AULT) dropped by 5.05% from $0.1148 to $0.109 in the trading on Friday, November 17, 2023. The reason why AULT is down today is due to the company's recent receipt of a deficiency letter from the NYSE American LLC (the "Exchange") on November 13, 2023. The letter indicated that the company is not in compliance with the continued listing standards outlined in Section 1003(f)(v) of the NYSE American Company Guide (the "Company Guide"). Specifically, the Exchange expressed concerns about the prolonged low price per share of the company's common stock (the "Shares"). In accordance with Section 1003(f)(v) of the Company Guide, the company's continued listing is contingent on executing a reverse stock split of the Shares or demonstrating sustained price improvement within a reasonable timeframe, as determined by the Exchange, no later than May 13, 2024.

Shares of Ault Alliance Inc (AULT) dropped by 9.24% from $0.1234 to $0.112 in the trading on Friday, November 10, 2023. The reason why AULT is down today is due to the announcement that the company's wholly-owned subsidiary, Eco Pack Technologies, Inc., has successfully acquired an 80% ownership stake in Eco Pack Technologies Limited ("Eco Pack").

Shares of Ault Alliance Inc (AULT) dropped by 13.72% from $2.26 to $1.95 in the trading on Tuesday, August 15, 2023. The reason why AULT is down today is due to the company's settlement with the U.S. Securities and Exchange Commission (SEC) regarding an investigation into its public disclosures and accounting practices. Under the settlement, the company, its Executive Chairman Milton C. Ault, and CEO William B. Horne neither admit nor deny intentional misconduct. The company will pay a $700,000 civil penalty, while Ault and Horne will pay disgorgement and civil penalties. Additionally, an independent consultant will review the company's financial controls. The company is committed to maintaining integrity in its filings and moving forward.