DPW Holdings, Inc. (NYSE. American: DPW), a diversified holding company, announced that Ault & company, Inc., a Delaware corporation, has agreed to acquire a 19.9% ownership interest in its common stock at a price of USD 1.12 per share, or USD 0.01 higher than the closing price from Friday, December 20, 2019, the company said.
Ault is a private holding company.
For more information on DPW Holdings and its subsidiaries, the company recommends that stockholder, investors and any other interested parties read the company´s public filings and press releases available under the Investor Relations section at or available at www.sec.gov.
DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies that provide a global impact. Through its wholly as well as majority 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.