DPW Holdings amends USD 50m regulation A+ offering

DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company has filed an amendment to its USD 50 million Regulation A+ Tier II note offering, the company said.

The notes offered are not convertible, have a term of three years and bear interest at 12%. The company intends to use the proceeds from this offering to fund loans through its lending subsidiary, Digital Power Lending, LLC, including loans to related parties, acquisitions of equity in other companies whether public or private, the repayment of the company´s debts as well as the repurchase of shares of the company´s common stock. The offering is subject to qualification by the US Securities and Exchange Commission (the “SEC”).

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies that may provide a global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary.