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Ascendiant Capital Markets LLC serves as Sole Sales Agent on $46,400,000 At-the-Market (ATM) Offering for BitNile Holdings, Inc.’s Series D Preferred Stock (NYSE American: NILE PRD)

JUPITER, Florida – June 15, 2022 — Ascendiant Capital Markets LLC (“Ascendiant”) announced today the
filing of a $46,400,000 At-the-Market (ATM) Offering for BitNile Holdings, Inc.’s Series D Preferred Stock
(NYSE American: NILE PRD).

Ascendiant is serving as the Sole Sales Agent on the financing transaction. For a copy of the announcement, please click here.

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