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

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
ROI
Transactions as of
Nov 17, 2023
Transactions value $
$550,208
Form type
4
Date filed
11/21/2023, 04:31 PM
Previous filing
Nov 17, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROI Common Stock Other $550K +73.4K +14.98% $7.50 563K Nov 17, 2023 By Ault Lending, LLC F1, F2
holding ROI Common Stock 35.5K Nov 17, 2023 By Ault Alpha LP F3
holding ROI Common Stock 2.5K Nov 17, 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.