Ault Alliance, Inc. entered into a Loan Agreement of principal amount of up to $20,000,000 on June 4, 2024. The transaction included participation from new lenders Helios Funds, OREE Lending Company, LLC. The Lender made an Advance to the Company of $1,500,000 on the Execution Date.

The advances are due December 4, 2024. However, that at no point will the company be allowed to have outstanding Advances in a principal amount received of more than $2,000,000.