Milton C. Ault III - 24 May 2022 Form 4 Insider Report for BitNile Holdings, Inc. (GPUS)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Milton C. Ault, III
Issuer symbol: GPUS
Transactions as of: 24 May 2022
Net transactions value: +$1,547,444
Form type: 4
Filing time: 26 May 2022, 21:45:21 UTC
Previous filing: 24 May 2022
Next filing: 31 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Purchase	$907,200	+3,000,000	+42%	$0.3024	10,100,000	24 May 2022	By Ault Alpha LP	F1, F2
transaction	AULT	Common Stock	Purchase	$11,068	+40,000	+18%	$0.2767	263,792	24 May 2022	Direct	F3
transaction	AULT	Common Stock	Purchase	$628,400	+2,000,000	+20%	$0.3142	12,100,000	25 May 2022	By Ault Alpha LP	F2, F4
transaction	AULT	Common Stock	Purchase	$776	+2,500	+0.95%	$0.3105	266,292	25 May 2022	Direct
holding	AULT	Common Stock						1,658,916	24 May 2022	By Ault & Company, Inc.	F5
holding	AULT	Common Stock						3,408	24 May 2022	By Philou Ventures, LLC	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 $0.3024. The range of purchase prices on the transaction date was $0.2768 to $0.2971 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.
F2	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.
F3	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 $0.2767. The range of purchase prices on the transaction date was $0.2696 to $0.2791 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.
F4	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 $0.3142. The range of purchase prices on the transaction date was $0.2862 to $0.3152 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.
F5	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.
F6	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 Ault & Co.