CP01:603271_1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-C
Report by Issuer of Securities Quoted on NASDAQ
Interdealer Quotation System
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
and 15d-17 thereunder
Ault Incorporated
(Exact name of issuer as specified in charter)
7300 Boone Avenue North, Minneapolis, MN 55428-1028
(Address of principal executive offices)
(612) 493-1900
(Issuer's telephone number, including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent
or more in the number of shares outstanding:
1. Title of security: Common Shares, no par value per share
2. Number of shares outstanding before the change: 2,145,776
3. Number of shares outstanding after the change: 3,985,776
4. Effective date of change: December 18, 1996
5. Method of change:
Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock
for treasury, etc.): Public Offering
Give brief description of transaction: The Company sold
1,600,000 common shares in a public offering that closed on
12/18/96. The Company sold an additional 240,000 on 12/31/96
pursuant to the exercise of the underwriters' over-allotment
option.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change:
2. Name after change:
3. Effective date of charter amendment changing name:
4. Date of shareholder approval of change, if required:
Date: January 14, 1997 /s/Frederick M. Green
Frederick M. Green, President and
Chief Executive Officer
(Officer's signature & title)
