Ault Disruptive Technologies Shares Resume Trade
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4 - Ault Disruptive Technologies Corp (0001864032) (Issuer)
3 - Ault Disruptive Technologies Corp (0001864032) (Issuer)
4 - Ault Disruptive Technologies Corp (0001864032) (Issuer)
Ault Disruptive Technologies Corporation, (NYSE:ADRT) (the "Company"), a publicly-traded special purpose acquisition company, today announced that its board of directors (the "Board") has determined to redeem all of its outstanding shares of common stock, par value $0.001 per share (the "public shares") because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (as amended, the "Certificate of Incorporation"). As stated in the Certificate of Incorporation, if the Company is unable to complete an initial business combination by December 20, 2024, the Company will: (i) cease all operations e
The combined company, which will be named Gresham Worldwide, Inc., will have an implied pro-forma enterprise value of approximately $83 million with up to approximately $1 million in additional cash, assuming no redemptions by Ault Disruptive's public stockholders Merger anticipated to close in fourth quarter 2024; combined company anticipated to remain listed on NYSE American Gresham stockholders will retain 100% of their equity and will continue to own approximately 66% of the combined company, assuming no redemptions by Ault Disruptive's public stockholders Gresham Worldwide, Inc. (OTCQB:GIGA) ("Gresham" or the "Company"), a provider of high-performance purpose-built electronic
Ault Disruptive Technologies Corporation, a special purpose acquisition company (the "Company"), today announced that in view of the unusual activity in the Company's stock, the NYSE American, LLC (the "NYSE") has contacted the Company in accordance with the NYSE's usual practice and recommended that the Company respond by news release to the unusual activity. Ordinarily, it is the Company's policy not to comment on market activity or rumors. However, the Company did confirm to the NYSE that it is not aware of any material corporate developments or material, undisclosed information and in fact has not issued a press release or otherwise made any public statement since February 16, 2024, w
15-12G - Ault Disruptive Technologies Corp (0001864032) (Filer)
25-NSE - Ault Disruptive Technologies Corp (0001864032) (Subject)
8-K - Ault Disruptive Technologies Corp (0001864032) (Filer)
SC 13G/A - Ault Disruptive Technologies Corp (0001864032) (Subject)
SC 13G/A - Ault Disruptive Technologies Corp (0001864032) (Subject)
SC 13G/A - Ault Disruptive Technologies Corp (0001864032) (Subject)