Friday, January 25, 2019

MissionIRNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Enters Stock Purchase Agreement with Ault & Company, Inc.


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

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.

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