Ault Alliance, Inc. - Jul 27, 2022 Form 4 Insider Report for SINGING MACHINE CO INC (MICS)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III, Executive Chairman
Stock symbol
MICS
Transactions as of
Jul 27, 2022
Transactions value $
$189,348
Form type
4
Date filed
7/29/2022, 04:30 PM
Previous filing
Jul 27, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MICS Common Stock Purchase $120K +16K +0.97% $7.50 1.67M Jul 27, 2022 By Digital Power Lending, LLC F1, F2
transaction MICS Common Stock Purchase $67.6K +8.8K +0.53% $7.68 1.67M Jul 28, 2022 By Digital Power Lending, LLC F2, F3
transaction MICS Common Stock Purchase $1.71K +200 +0.01% $8.53 1.68M Jul 28, 2022 By Digital Power Lending, LLC F2
* 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 $7.5034. The range of purchase prices on the transaction date was $7.3865 to $7.6613 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 Digital Power Lending, LLC ("DPL") is a wholly-owned subsidiary of BitNile Holdings, Inc. ("BH"). Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by DPL.
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 $7.6803. The range of purchase prices on the transaction date was $7.43 to $7.98 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.