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