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Ault Alliance And Imperalis Holdings Announce Effectiveness Of Imperalis Holding Registration Statement On Form S-1 Related To Distribution Of Securities

Author: Benzinga Newsdesk | May 05, 2023 05:36am

Ault Alliance anticipates setting the record date for the distribution to its stockholders of 140 million shares and warrants to purchase an additional 140 million shares of Imperalis within the near future

Ault Alliance, Inc. (NYSE:AULT), a diversified holding company ("Ault Alliance") and Imperalis Holding Corp. (OTC:IMHC), dba TurnOnGreen, Inc. ("TurnOnGreen"), are pleased to announce that the TurnOnGreen Form S-1 has been declared effective by the Securities Exchange Commission ("SEC"). Ault Alliance expects to announce the record date for the spinoff of TurnOnGreen in late May.

Posted In: AULT IMHC


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