Milton C. Ault III - 17 Nov 2023 Form 4 Insider Report for RiskOn International, Inc.

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Issuer symbol
N/A
Transactions as of
17 Nov 2023
Net transactions value
+$550,208
Form type
4
Filing time
21 Nov 2023, 16:31:06 UTC
Previous filing
17 Nov 2023
Next filing
27 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROI Common Stock Other $550,208 +73,361 +15% $7.50 563,118 17 Nov 2023 By Ault Lending, LLC F1, F2
holding ROI Common Stock 35,475 17 Nov 2023 By Ault Alpha LP F3
holding ROI Common Stock 2,500 17 Nov 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock paid as a dividend on shares of Series B preferred stock owned by the reporting person.
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 LP ("Ault Alpha"), respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.
F3 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.