AULT Overview

Increased Demand for Defense Products: Hyperscale Data's defense subsidiaries, Enertec Systems 2001 Ltd. and Digital Power Corporation, are experiencing a surge in demand for their products due to the ongoing conflict in the Middle East, leading to challenges in inventory and production.

Company's Strategic Engagement: The company is actively collaborating with local and international partners to address the challenges posed by the crisis, emphasizing the importance of advanced technological solutions in the current security landscape.

Company Rebranding: Ault Alliance, Inc. will rebrand as Hyperscale Data, Inc. and change its ticker symbol to "GPUS" on September 10, 2024, focusing on enhancing data center operations and expanding its Michigan AI data center from 30 MWs to 300 MWs, pending regulatory approvals and financing.

Business Focus and Future Plans: The company aims to position itself as a pure-play data center business to meet the growing demand for AI-driven infrastructure, with further announcements expected regarding management's strategic plans.

Insider Transactions Overview: Recent insider purchases in penny stocks include CalciMedica's CEO buying 1,000 shares at $4.19, Zevia PBC's director acquiring 13,705 shares at $1.09, and Ault Alliance's executive chairman purchasing 3,800 shares at $0.23, reflecting varying levels of confidence amid recent financial performances.

Company Profiles: CalciMedica focuses on therapies for inflammatory diseases, Zevia PBC offers zero-calorie beverages, and Ault Alliance, soon to be renamed Hyperscale Data, operates a Bitcoin mining data center and supports various industries.

Corporate Rebranding Announcement: Ault Alliance, Inc. will change its name to Hyperscale Data, Inc. and its stock ticker from "AULT" to "GPUS," effective September 10, 2024, reflecting a strategic focus on expanding data center operations.

Expansion Plans for AI Data Center: Hyperscale aims to increase the capacity of its Michigan data center from approximately 30 MW to 300 MW to meet growing demands in artificial intelligence, contingent upon regulatory approvals and funding.

Corporate Name Change: Ault Alliance will rebrand as Hyperscale Data on September 10, 2024, with its stock ticker changing from "AULT" to "GPUS".

Focus on AI Data Center: The company aims to expand its Michigan artificial intelligence data center capacity from approximately 30 megawatts to around 300 megawatts.

Market Overview: The Dow Jones index rose over 450 points, indicating positive market sentiment, while insider trading activities in penny stocks reflect investor confidence or concerns regarding company prospects.

Recent Insider Transactions: Notable insider purchases include System1's Cee Holdings Trust acquiring shares after strong earnings, TherapeuticsMD's director buying shares following a quarterly loss, and Ault Alliance's executive purchasing shares amid dividend announcements.