Ault Global Holdings (NYSEAMERICAN: DPW) is a diversified holding corporation that recently announced that the Delaware corporation, Ault & Company, was set to acquire about 1,000,000 of the company’s common stock shares at a consideration of about $2.99 per share. However, they must get NYSE American approval before the transaction can be finalized.
Executive Chairman of the company, Milton Ault, III, said that Ault & Company’s purchase of this stock shows that they believe in what the company has managed to achieve, they have confidence in the value and strength of Aukt Global’s assets, and they’re confident that they can help increase shareholder value
Ault & Company is a private holding corporation run by Mr. Ault. Suppose you want more information about the company and all of its subsidiaries. In that case, the organization recommends that investors, stakeholders, and all other interested parties read the company’s public filings handed to the Securities Exchange Commission and all their press releases.
This diversified holding corporation pursues growth by acquiring disruptive technologies and undervalued businesses with a global impact. Through its majority and wholly-owned strategic investments and subsidiary companies, Ault Global provides critical products that support a wide range of industries, including textiles, medical/biopharma, telecommunications, automotive, industrial, and defense/aerospace.
In addition to all this, Ault Global extends credit to certain entrepreneurial business entities via a licensed lending subsidiary. The company’s headquarters are situated in Southern Highlands Parkway in Las Vegas, Nevada.
Mr. Milton Ault has been the company’s Chief Executive Officer and Chairman since he founded it in 2015. He’s a seasoned entrepreneur and business professional who has spent over 25 years identifying disruptive technologies and undervalued assets in various sectors. His expertise spans leading financial markets such as real estate, commodities, fixed income, and equities.