Diversified holding company DPW Holdings (NYSE American:
DPW) this morning announced that it has entered a stock purchase agreement with
Ault & Company, Inc., a Delaware corporation, with the sale subject to
approval by the NYSE American stock exchange. Under the agreement terms, DPW
will issue 416,667 common stock shares to Ault & Company, Inc. at a
purchase price of $0.12 per share for total consideration of $50,000. Ault
& Company, Inc. is a private holding company controlled by Mr. Milton C. Ault,
III the company’s chairman and chief executive officer.
To view the full press release, visit http://ibn.fm/k1q1e
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
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