Filing Details

Accession Number:
0001864317-22-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-10 19:04:00
Reporting Period:
2022-11-09
Accepted Time:
2022-11-10 19:04:00
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 Yes Yes Yes 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 2022-11-09 150,000 $0.14 46,500,000 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
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 bought by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.1354. The range of purchase prices on the transaction date was $0.1352 to $0.1411 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 bought 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.