DPW Ault Global Holdings Inc

The Board of Directors of BitNile Holdings, Inc.  (the “Company”) has scheduled its 2022 annual meeting of stockholders (the “2022 Annual Meeting”) for 9:00 a.m. Pacific Time on November 23, 2022.

Because the date of the 2022 Annual Meeting differs by more than 30 days from the anniversary date of the 2021 annual meeting of stockholders (the “2021 Annual Meeting”), which was initially held on July 6, 2021 and adjourned to July 23, 2021 and further adjourned to August 13, 2021, the deadlines for any stockholder proposals pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and for any stockholder nomination or proposal outside of Rule 14a-8, as listed in the Company’s Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission (the “SEC”) on June 7, 2021, are no longer applicable. Pursuant to the Company’s Amended and Restated Bylaws (the “Bylaws”) and Rule 14a-5(f) of the Exchange Act, the Company is hereby providing notice of the revised deadlines for such proposals via this Form 8-K.

The Company has set a deadline of September 19, 2022 for the receipt of any stockholder proposals for inclusion in the proxy materials to be distributed in connection with the 2022 Annual Meeting pursuant to Rule 14a-8 under the Exchange Act, which the Company believes to be a reasonable time before it expects to begin to print and distribute its proxy materials for the 2022 Annual Meeting. Any Exchange Act Rule 14a-8 proposal received after this date will be considered untimely. Stockholders should send any such proposal to the Company’s Secretary at BitNile Holdings, Inc., 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141, Attention: Corporate Secretary and such proposal must comply with all applicable requirements set forth in the rules and regulations of the SEC, including Exchange Act Rule 14a-8, Delaware law and the Bylaws in order to be eligible for inclusion in the Company’s proxy materials for the 2022 Annual Meeting.

Pursuant to the Bylaws, any stockholder seeking to raise a proposal outside the processes of Exchange Act Rule 14a-8 or make a nomination for consideration at the 2022 Annual Meeting, but not included in the proxy materials for the 2022 Annual Meeting, must comply with the requirements of the Bylaws, including by delivering notice of such stockholder’s proposal or nomination to the Company’s Secretary at BitNile Holdings, Inc., 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141, Attention: Corporate Secretary no later than 5:00 p.m., Pacific time, on September 19, 2022. Any proposal or nomination received after such date will be considered untimely and will not be considered at the 2022 Annual Meeting.

An adjournment, rescheduling or postponement of the 2022 Annual Meeting date, or any announcement of such action, will not commence a new time period (or extend any time period) for giving such notice under the Bylaws or submitting a proposal pursuant to Exchange Act Rule 14a-8.