Ault Alliance, Inc. announced that it has entered into a purchase agreement with new investor Orion Equity Partners LLC to issue 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share for the gross proceeds of $25,000,000 on June 20, 2024. The sale of the shares issuable hereunder will be made in reliance upon Section 4(a)(2) under the Securities Act of 1933, as amended.