DPW Holdings (NYSE American: DPW), a diverse holdings
company, this morning announced that it has sent a notice to H.C. Wainwright
& Co., LLC (“HCW”) terminating its at market issuance sales agreement dated
February 27, 2018 between itself and HCW. September 23, 2018 is the effective
date of the termination. Through the agreement, DPW sold a total of 21,241,911
shares of its common stock and raised gross proceeds of $19,022,416. Sales of
common stock sold pursuant to the agreement were registered on the company’s
shelf registration statement on Form S-3, initially filed with the SEC on
December 18, 2017 and declared effective by the SEC on January 11, 2018. The
prospectus supplement regarding the agreement was filed with the SEC on
February 27, 2018.
To view the full press release, visit http://ibn.fm/jnovZ
About DPW Holdings, Inc.
DPW Holdings, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive technologies with
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. For more
information, visit the company’s website at www.DPWHoldings.com
About MissionIRNewsBreaks
MissionIRNewsBreaks provide
a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by
our Team of professional journalists that keep a constant eye on the markets,
these posts are designed to inform you on the latest happenings of our clients
and other publicly traded companies on our radar. From earnings, acquisitions
and agreements to conference attendance and clinical study results, our news
breaks keep you up-to-date with the day’s top movers. MissionIR is primarily
focused on strategic communications. We have executed countless communications
programs to address the needs of companies ranging from start-ups to established
industry leaders, gaining valuable experience and the expertise necessary to
determine the most effective strategy for any given situation.
Please see full terms of use and disclaimers on the Mission
Investor Relations website applicable to all content provided by MIR, wherever
published or re-published: http://www.missionir.com/disclaimer.html
