UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 OR 15(d) OFof The Securities Exchange Act of 1934

~~THE~~Date ~~SECURITIES~~of ~~EXCHANGE~~Report ~~ACT~~(Date ~~OF 1934~~of earliest event reported) August 5, 2005

Date of Report (date of earliest event reported): May 26, 2005

Ault Incorporated

(Exact name of ~~Registrant~~registrant as specified in its charter)

Minnesota	0-12611	~~41-0842932~~	41-0842932
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
(State or other jurisdiction	(Commission		(IRS Employer
7105 Northland Terrace Minneapolis, MN 55428-1028		55428
of incorporation)	File Number)		Identification No.)
(Address of principal executive offices)		(Zip Code)
7105 Northland Terrace Minneapolis, Mn 55428-1028		55428
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (763) 592-1900

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 12.0102 ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Conditions

OnThe ~~May 27,~~following ~~2005,~~information ~~Ault~~is ~~Inc.~~being ~~entered~~“furnished” ~~into~~in accordance anwith ~~agreement~~General toInstruction ~~lease~~B.2. aof Form 8-K and shall not be ~~portion~~deemed “filed” for purposes of ~~its~~Section 18 ~~headquarter~~of ~~building~~the ~~(13~~Securities Exchange Act of 1934,~~313~~ ~~square~~as ~~feet~~amended (the “Exchange Act”), or otherwise subject to the liabilities of that ~~had~~section, ~~been~~nor ~~sold~~shall it be deemed to be incorporated by ~~Dane~~reference ~~Industries~~in ~~Inc. The~~any ~~lease~~filing isunder ~~for~~the ~~a period~~Securities Act of ~~twenty-seven~~1933, ~~months~~as atamended ~~$18~~(the “Securities Act”),~~860.08~~ ~~per~~or ~~month.~~the Exchange Act, except as expressly set forth by specific reference in such filing:

~~Item~~On 2August 5, 2005, Ault Inc.01 ~~Completion~~issued ofa ~~Acquisition~~press release, orwhich ~~Disposition~~included financial results of ~~Assets~~its year ended May 29, 2005. The release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

OnItem ~~May 26, 2005, Ault Inc~~4.02 ~~(“Ault”)~~Non-Reliance completed the sale of its headquarter building (64,000 square feet) and land to Dane Industries Inc., (“Dane”) for $3.85 million. The transaction results in a book loss of approximately $100,000. The agreement includes the receipt of $1 million in cash and the repayment of the mortgage on ~~the~~Previously ~~building. Prior~~Issued toFinancial ~~this~~Statements ~~transaction no material relationship existed between Ault and Dane,~~ or ~~their~~a ~~respective~~Related ~~affiliates, directors~~Audit orReport ~~officers,~~ or ~~any~~Completed ~~associates~~Interim ~~of their directors and officers.~~Review

~~Exhibit~~On August ~~Index~~5, 2005, Ault Inc. issued a press release announcing that the Company had concluded that the Company’s financial statements for the fiscal year ended May 30, 2004 and for the first three quarters of fiscal 2005 should be restated as a result of accounting errors related to inventory build-up and relief and inadequate reconciliation of intercompany accounts, and adjusted in relation to the disposition of the Company’s Korea subsidiary. The Company will restate and adjust those financial statements. The Audit Committee in consultation with the Company’s independent auditors on August 4, 2005 evaluated information with respect to the magnitude of such accounting errors in relation to information in previously issued financial statements, and directed management to issue a press release on August 5, 2005 announcing the decision to restate previously issued financial statements.

99Item 9.~~1 Press~~01 ~~release~~Financial ~~dated~~Statements ~~May 27, 2005~~and Exhibits.

99The following exhibit is being “furnished” in accordance with General Instruction B.2 ~~Lease~~. ~~agreement~~of ~~dated~~Form 8-K ~~May~~and shall not be deemed “filed” for purposes of Section 2718 of the Exchange Act, or ~~2005.~~otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing:

299.1 Press release dated August 5, 2005.

~~SIGNATURE~~2

~~Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~SIGNATURE

		AULT INCORPORATED
		By:	/s/ Donald L. Henry
		Donald L. Henry
		Chief Financial Officer
Dated:	May 31, 2005

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

3AULT INCORPORATED By: /s/ William J. Birmingham William J. Birmingham Interim Chief Financial Officer

Dated: August 8, 2005

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