Filing Details

Accession Number:
0001214659-22-009843
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-10 16:31:16
Reporting Period:
2022-08-09
Accepted Time:
2022-08-10 16:31:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
896493 Bitnile Holdings Inc. NILE Electronic Components, Nec (3679) 941721931
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1212502 Iii C Milton Ault 11411 Southern Highlands Parkway
Suite 240
Las Vegas NV 89141
Executive Chairman No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-08-09 1,200,000 $0.33 33,236,694 No 4 P Indirect By Ault Alpha LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Ault Alpha LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
13% Series D Cumulative Redeemable Perpetual Preferred Stock 90,033 Indirect By Ault Alpha LP
Common Stock 266,292 Direct
Common Stock 1,658,916 Indirect By Ault & Company, Inc.
Common Stock 3,408 Indirect By Philou Ventures, LLC
Footnotes
  1. The common stock purchased by Ault Alpha LP ("Ault Alpha") was effected pursuant to a Rules 10b-18 and 10b5-1 stock purchase plan dated May 24, 2022, adopted by Ault Alpha.
  2. The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.3333. The range of purchase prices on the transaction date was $0.3176 to $0.3339 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
  3. Milton C. Ault, III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC ("AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.
  4. Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.
  5. Ault & Co. is the Manager of Philou Ventures, LLC. Milton C. Ault, III, as the Chief Executive Officer of Ault & Co., is deemed to beneficially own the shares held by Philou Ventures, LLC.