NASDAQ:BNMV | Jotup

BitNile Metaverse Announces Name Change to RiskOn International

Retrieved on:

Tuesday, October 31, 2023

Data Management, Technology, Other Technology, Software, Metaverse, Internet, 3D printing, Pharmaceutical industry, Cryptocurrency

BitNile Metaverse, Inc. (Nasdaq: BNMV) (the “Company”), announced today that it will change its name to RiskOn International, Inc., effective at 12:01 am Pacific Time on Wednesday, November 1, 2023.

Key Points:

BitNile Metaverse, Inc. (Nasdaq: BNMV) (the “Company”), announced today that it will change its name to RiskOn International, Inc., effective at 12:01 am Pacific Time on Wednesday, November 1, 2023.
In connection with the name change, the Company will change its trading symbol to “ROI.” The Company’s common stock will commence trading on November 1, 2023, on the Nasdaq Capital Market under the new name and trading symbol.
The change in both name and ticker are underscored by the Company’s commitment to developing a vertically integrated community while creating a seamless and enriched user experience.

BitNile Metaverse Announces the Anticipated Launch of Over-Under Dice on BitNile.com, Expanding its Social Gaming Offerings

Retrieved on:

Wednesday, October 18, 2023

Metaverse, Software, Entertainment, Social Media, Professional Services, Internet, Blockchain, Technology, Cryptocurrency, Web3, Communications, Electronic Games, Casino, Gaming, BNC, Platform, Dice, Video game

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that it is adding Over-Under Dice to its online metaverse platform, BitNile.com (the “Platform”) operated by its wholly owned subsidiary BitNile.com, Inc (“BNC”).

Key Points:

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that it is adding Over-Under Dice to its online metaverse platform, BitNile.com (the “Platform”) operated by its wholly owned subsidiary BitNile.com, Inc (“BNC”).
Paired with the Platform’s existing range of social gaming, Over-Under Dice will provide another option for gamers to enjoy.
No specialized headset is needed to experience the metaverse or any of the Platform’s social gaming offerings.
“The launch of Over-Under Dice marks another milestone in the Platform’s commitment to offering unparalleled gaming experiences,” said Joe Spaziano, COO of BNC.

BitNile Metaverse Regains Compliance with the Nasdaq Voting Rights Rule

Retrieved on:

Tuesday, October 17, 2023

Electronic Games, Technology, Entertainment, Fintech, Online, Professional Services, General Entertainment, Internet, Cryptocurrency, III, Venture round, Certificate, Security (finance), Metaverse

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that it has regained compliance with the Nasdaq Voting Rights Rule.

Key Points:

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that it has regained compliance with the Nasdaq Voting Rights Rule.
On June 21, 2023, the Nasdaq Stock Market (“Nasdaq”) notified the Company that the issuance of the Series B and Series C Preferred Stock violated Nasdaq’s voting rights rule under listing Rule 5640 (the “Voting Rights Rule”).
As a result, the Company has regained compliance with the Voting Rights Rule.
“We are pleased to regain compliance with Nasdaq’s Voting Rights Rule and look forward to a continued healthy relationship with the exchange.

Ault Alliance and BitNile Metaverse Announce Celebration of BitNile.com Grand Prix of Portland with 200,000 Token Giveaway

Retrieved on:

Friday, September 1, 2023

Ault Alliance Inc. (“Ault Alliance”) and BitNile Metaverse, Inc. (“BitNile Metaverse”) announced today that BitNile.com (the “Platform”) is celebrating the BitNile.com Grand Prix of Portland by giving 200,000 Nile tokens to everyone who creates an avatar on the Platform.

Key Points:

Ault Alliance Inc. (“Ault Alliance”) and BitNile Metaverse, Inc. (“BitNile Metaverse”) announced today that BitNile.com (the “Platform”) is celebrating the BitNile.com Grand Prix of Portland by giving 200,000 Nile tokens to everyone who creates an avatar on the Platform.
BitNile Metaverse recently announced that the Platform is the title sponsor for this year’s NTT INDYCAR SERIES event at Portland International Raceway (“PIR”), being held on September 3, 2023.
The Platform is owned and operated by BitNile.com, Inc. (“BNC”), a wholly owned subsidiary of BitNile Metaverse, which is a consolidated minority beneficially owned subsidiary of Ault Alliance.
We firmly believe that the BitNile.com Grand Prix of Portland embodies the essence of innovation and technology, mirroring the cutting-edge nature of the metaverse world,” stated Milton “Todd” Ault III, Executive Chairman of Ault Alliance and BNC.

Ault Alliance Announces BitNile.com, Inc. to Expand Its Social Gaming with Launch of Blackjack on September 1, 2023

Retrieved on:

Monday, August 28, 2023

Ault Alliance Inc. (“Ault Alliance” or the “Company”) announced today that the metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023.

Key Points:

Ault Alliance Inc. (“Ault Alliance” or the “Company”) announced today that the metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023.
BNC believes that the popular casino game will increase revenue from the sale of in-world coins that are required to play its new and exciting Blackjack sweepstakes-based game.
“We are very pleased that the Platform will be launching Blackjack as a part of its social gaming experience.
For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or available at www.sec.gov .

BitNile.com to Expand its Social Gaming with Launch of Blackjack on September 1, 2023

Retrieved on:

Monday, August 14, 2023

Software, Metaverse, Entertainment, Internet, Professional Services, Blockchain, Technology, Cryptocurrency, NFT, Web3, Electronic Games, Casino, Gaming, Sale, Growth, Blackjack, Platform, III, BNC

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that its metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023.

Key Points:

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that its metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023.
BitNile Metaverse previously introduced social gaming on the Platform with the release of roulette, offering users an opportunity to play for fun or real money prizes through a sweepstakes model.
The introduction of coin packages in the Platform, which users can purchase in varying denominations, has generated a revenue opportunity for the Company.
“We are very pleased to announce that BitNile.com will be launching Blackjack as a part of its social gaming experience.

NTT INDYCAR SERIES Event at Portland International Raceway Named the BitNile.com Grand Prix of Portland

Retrieved on:

Tuesday, August 1, 2023

View the full release here: https://www.businesswire.com/news/home/20230801130546/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230801130546/en/
BitNile.com Grand Prix of Portland 2023 Labor Day Weekend 2023 at the annual NTT INDYCAR SERIES event at the Portland International Raceway (“PIR”), held Sept. 1-3, 2023.
BitNile.com also sponsors Ed Carpenter Racing, an NTT INDYCAR SERIES team that will be represented by Indianapolis 500 winner Ryan Hunter-Reay and Rinus VeeKay in the BitNile.com Grand Prix of Portland.
The three top open-wheel development series that feed into the NTT INDYCAR SERIES will also race at PIR on Labor Day weekend.
Stay up to speed on the BitNile.com Grand Prix of Portland on social media all year long by following #PortlandGP.

BitNile Metaverse Announces Termination of its At-the-Market Equity Program

Retrieved on:

Friday, June 16, 2023

Software, Metaverse, Networks, Entertainment, Internet, Professional Services, Blockchain, Technology, Cryptocurrency, NFT, Web3, Electronic Games, ATM, Sale

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile” or the “Company”) the company operating the rapidly growing virtual world, BitNile.com (the “Platform”), today announced it has terminated its “at-the-market” (“ATM”) equity program with Ascendiant Capital Markets, LLC, as sales agent (the “Agent”).

Key Points:

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile” or the “Company”) the company operating the rapidly growing virtual world, BitNile.com (the “Platform”), today announced it has terminated its “at-the-market” (“ATM”) equity program with Ascendiant Capital Markets, LLC, as sales agent (the “Agent”).
The Company elected to terminate the ATM because it had achieved its objective of raising capital under the ATM.
Through the utilization of the ATM, the Company sold approximately 1,261,000 shares of common stock on a reverse-split-adjusted basis and raised approximately $3.5 million in gross proceeds, or approximately $2.77 per share.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of shares of the Company’s common stock in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

BitNile.com Begins Generating Revenue From Social Gaming and Metaverse Ads

Retrieved on:

Monday, June 5, 2023

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that its metaverse platform, BitNile.com (the “Platform”), has begun generating revenue from the sale of in-world coins utilized in social gaming and from immersive advertising, marking a significant milestone in the Company’s strategic monetization strategy.

Key Points:

BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that its metaverse platform, BitNile.com (the “Platform”), has begun generating revenue from the sale of in-world coins utilized in social gaming and from immersive advertising, marking a significant milestone in the Company’s strategic monetization strategy.
BitNile Metaverse recently introduced social gaming on the Platform with the release of roulette, offering users an opportunity to play for fun or real money prizes through a sweepstakes model.
Other popular social games, such as blackjack and slots, are currently under development, and are expected to lead to increased revenue.
BitNile.com has also begun to recognize advertising revenue, which is consistent with the Company’s larger plan to monetize its metaverse Platform.

BitNile Metaverse Debuts Social Gaming on Its Metaverse Platform with the Launch of Online Roulette

Retrieved on:

Monday, May 22, 2023

Ault Alliance, Inc. (NYSE American: AULT) (“Ault Alliance”), a diversified holding company, and BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), the latter of which operates the growing virtual world, BitNile.com (the “Platform”), announced the launch of social gaming on the Platform with the first public release of its online roulette feature.

Key Points:

Ault Alliance, Inc. (NYSE American: AULT) (“Ault Alliance”), a diversified holding company, and BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), the latter of which operates the growing virtual world, BitNile.com (the “Platform”), announced the launch of social gaming on the Platform with the first public release of its online roulette feature.
“Unlike traditional online games, players are not confined to a screen but can explore the site as well as interact with other players.
It's the closest you can get to real-life gaming without ever having to leave your chair.”
BitNile Metaverse, through its wholly owned subsidiary BitNile.com, Inc. (“BNI”), owns and operates the Platform.
New features and functionality will be added as they become available, including social gaming, eCommerce, live streaming entertainment, and social networking.