Sichenzia Ross Ference LLP Represents Spartan Capital Securities, LLC In $2.2 Million Registered Offering For Ault Alliance, Inc.
Press Release – New York, NY –September 28, 2023– Sichenzia Ross Ference LLP announced today that it has represented Spartan Capital Securities, LLC in a registered offering for Ault Alliance, Inc. (“AULT”), a diversified holding company.
On September 27, 2023, AULT entered into a securities exchange agreement with an institutional investor pursuant to which the Company agreed to issue and sell in a registered direct offering a convertible promissory note in the principal amount of $2.2 Million in exchange for a term note previously issued to the investor with the same principal amount for a purchase price of $2 Million.
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia and Barrett DiPaolo.