Business: BitNile Holdings, Inc formerly Ault Global Holdings, Inc formerly DPW Holdings, Inc. 10.00% Series A Cumulative Redeemable Perpetual Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on or after 9/30/2023 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 10.00% per annum ($2.50 per annum or $0.20833 per month) will be paid monthy on the last day of the month to holders on the record date that will be the corresponding record date, which shall be the last day of the month (NOTE: the ex-dividend date is one business day prior to the record date). Upon the occurrence of a change of control the company will have the option within 120 days to redeem the preferred shares at $25 per share plus accrued and unpaid dividends (see the prospectus for details). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-25 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, junior with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.