Ault Alliance, Inc. (NYSE:AULT), a diversified holding company (“Ault Alliance” or the “Company“), announced today that the record date for the stock dividend for the spinoff of Imperalis Holding Corp, d/b/a TurnOnGreen, Inc. (“TurnOnGreen“), which was previously set for April 20, 2023, has been cancelled until further notice. On April 7, 2023, the Company’s Board of Directors declared a pro rata dividend to the stockholders of Ault Alliance of (i) 140 million shares of common stock of TurnOnGreen, which represent approximately 81% of the outstanding shares of TurnOnGreen common stock, and (ii) warrants to purchase an additional 140 million shares of TurnOnGreen common stock (the “Distribution Securities” and the transaction, the “Distribution“).
A Look Into PulteGroup’s Debt
Over the past three months, shares of PulteGroup Inc. (NYSE:PHM) rose by 8.52%. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials.