Ault Alliance (AULT) Regains NYSE Compliance

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that on May 1, 2024, the NYSE American LLC (“NYSE American”) notified the Company that the Company had successfully regained compliance with the NYSE American’s continued listing standards related to a low selling price set forth in section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”).

As previously disclosed, on November 12, 2023, the Company received a letter (the “Deficiency Letter”) from the NYSE American stating that the Company was not in compliance with the continued listing standards set forth in Section 1003(f)(v) of the Company Guide as a result of the then-existing low trading price of the Company’s common stock. As set forth in the Deficiency Letter, the continued listing of the Company’s common stock on the NYSE American was predicated on the Company demonstrating sustained price improvement within a reasonable period of time, which the NYSE American determined to be no later than May 13, 2024. As a result of management’s efforts to regain compliance, the NYSE American has informed the Company that it is now in full compliance with the NYSE American’s continued listing standards set forth in Part 10 of the Company Guide and that the “.BC” designation will be removed from the “AULT” trading symbol. In addition, the Company will be removed from the list of NYSE American noncompliant issuers on the NYSE American’s website.

“We are excited to receive this news from the NYSE American. We have and will continue to work on driving stockholder value and right sizing the Company’s long-term public valuation,” said Milton “Todd” Ault III, Founder and Executive Chairman of the Company.

For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.

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