Milton C. Ault III - Sep 26, 2023 Form 4 Insider Report for BitNile Metaverse, Inc. (BNMV)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
BNMV
Transactions as of
Sep 26, 2023
Transactions value $
$701
Form type
4
Date filed
9/28/2023, 05:30 PM
Previous filing
Sep 15, 2023
Next filing
Oct 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNMV Common Stock Purchase $701 +825 +2.38% $0.85 35.5K Sep 26, 2023 By Ault Alpha LP F1
holding BNMV Common Stock 490K Sep 26, 2023 By Ault Lending, LLC F2
holding BNMV Common Stock 2.5K Sep 26, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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.