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
- 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.
- 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.
- 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.
- 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.
- 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.