0001214659-20-007434.txt : 20200824 0001214659-20-007434.hdr.sgml : 20200824 20200824064517 ACCESSION NUMBER: 0001214659-20-007434 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200821 FILED AS OF DATE: 20200824 DATE AS OF CHANGE: 20200824 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ault & Company, Inc. CENTRAL INDEX KEY: 0001734770 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12711 FILM NUMBER: 201124625 BUSINESS ADDRESS: STREET 1: 201 SHIPYARD WAY STREET 2: SUITE E CITY: NEWPORT BEACH STATE: CA ZIP: 92663 BUSINESS PHONE: (888) 588-7174 MAIL ADDRESS: STREET 1: 201 SHIPYARD WAY STREET 2: SUITE E CITY: NEWPORT BEACH STATE: CA ZIP: 92663 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DPW Holdings, Inc. CENTRAL INDEX KEY: 0000896493 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 941721931 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 201 SHIPYARD WAY STREET 2: SUITE E CITY: NEWPORT BEACH STATE: CA ZIP: 92663 BUSINESS PHONE: (949) 444-5464 MAIL ADDRESS: STREET 1: 201 SHIPYARD WAY STREET 2: SUITE E CITY: NEWPORT BEACH STATE: CA ZIP: 92663 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL POWER CORP DATE OF NAME CHANGE: 19960823 4 1 marketforms-49515.xml PRIMARY DOCUMENT X0306 4 2020-08-21 0000896493 DPW Holdings, Inc. DPW 0001734770 Ault & Company, Inc. 201 SHIPYARD WAY, SUITE E NEWPORT BEACH CA 92663 true true true false See Remark Common Stock 2020-08-21 4 C false 413793 1.45 A 1080738 D 8% Convertible Promissory Note 1.45 2020-08-21 4 C false 1 1000000 A Common Stock 689655 400000 D On February 5, 2020, the Issuer sold and issued an 8% Convertible Promissory Note in the principal amount of $1,000,000 (the "Note") to the Reporting Person, which Note is convertible into shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") at a conversion price of $1.45 per share. On August 20, 2020, the Reporting Person converted $600,000 of the Note into 413,793 shares of Common Stock. The Issuer's stockholders approved the conversion of the Note into shares of Common Stock at $1.45 per share at the Issuer's special meeting of stockholders held on July 8, 2020, as required by Rule 713(a)(ii) of the NYSE Company Guide. The Note is convertible, at the election of the Reporting Person, prior to payment, or prepayment, in full on or after July 22, 2020. Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest (both past and future) into shares of Common Stock. Milton C. Ault, III, the Chief Executive Officer of the Reporting Person, is the Chief Executive Officer and Chairman of the Board of Directors of the Issuer. By: /s/ Milton C. Ault, III, CEO 2020-08-24