Milton C. Ault III - 07 Sep 2023 Form 4 Insider Report for BitNile Metaverse, Inc.

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Issuer symbol
N/A
Transactions as of
07 Sep 2023
Net transactions value
+$7,739
Form type
4
Filing time
11 Sep 2023, 16:30:28 UTC
Previous filing
06 Sep 2023
Next filing
15 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNMV Common Stock Purchase $7,739 +10,000 +2.8% $0.7739 364,991 07 Sep 2023 By Ault Lending, LLC F1, F2
holding BNMV Common Stock 34,650 07 Sep 2023 By Ault Alpha LP F3
holding BNMV Common Stock 2,100 07 Sep 2023 Direct
* 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 $0.7739. The range of purchase prices on the transaction date was $0.75 to $0.79 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 Ault Lending, LLC ("Ault Lending") is a wholly owned subsidiary of Ault Alliance, Inc ("AAI"). The Reporting Person is the Executive Chairman of AAI and is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
F3 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 LP ("Ault Alpha"), respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.