{"id":452035,"date":"2021-03-05T16:33:08","date_gmt":"2021-03-05T21:33:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452035"},"modified":"2021-03-05T16:33:08","modified_gmt":"2021-03-05T21:33:08","slug":"ault-global-holdings-announces-amended-at-the-market-offering-of-common-stock-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdings-announces-amended-at-the-market-offering-of-common-stock-2\/","title":{"rendered":"Ault Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock"},"content":{"rendered":"

<\/p>\n

Ault Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock<\/b><\/p>\n

LAS VEGAS–(BUSINESS WIRE<\/a>)–
\nAult Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the \u201cCompany\u201d), announced today that it has amended the terms of its previously announced \u201cat-the-market\u201d equity offering program under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $200,000,000, inclusive of the previously authorized $125,000,000. The shares of common stock will continue to be offered through Ascendiant Capital Markets, LLC, acting in its capacity as sales agent (the \u201cAgent\u201d).\n<\/p>\n

\nPursuant to an amended sales agreement with the Agent, sales of shares of the Company\u2019s common stock may be made in transactions that are deemed to be \u201cat-the-market\u201d offerings, including sales made by means of ordinary brokers\u2019 transactions on the NYSE American or otherwise at market prices prevailing at the time of sale or as agreed to with the Agent.\n<\/p>\n

\nThe Company intends to use the net proceeds from the \u201cat-the-market\u201d equity offering, if any, for the financing of possible acquisitions of companies and technologies, financing of our emerging electric vehicle charger and energy storage businesses, expansion of our data center business or other business expansions and investments and for working capital and general corporate purposes, which may include the repayment, refinancing, redemption or repurchase of future indebtedness or capital stock. The Company does not have agreements or commitments for any specific acquisitions at this time.\n<\/p>\n

\nThe shares of common stock described above are being offered pursuant to a shelf registration statement (File No. 333-251995) which became effective on January 20, 2021. Such shares of common stock may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Before making an investment in these securities, potential investors should read the prospectus supplement and the accompanying prospectus for more complete information about the Company and the \u201cat-the-market\u201d equity offering program. Potential investors may obtain these documents for free by visiting EDGAR on the U.S. Securities and Exchange Commission\u2019s website at www.sec.gov<\/a>. Alternatively, potential investors may contact the Agent, who will arrange to send them these documents: Ascendiant Capital Markets, LLC, Attention: Jennifer Martin, 4 Park Plaza, Suite 1950, Irvine, CA 92614, telephone: (949) 259-4900, email: jmartin@ascendiant.com<\/a>.\n<\/p>\n

\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.\n<\/p>\n

About Ault Global Holdings, Inc.<\/b><\/p>\n

\nAult Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, the Company provides mission-critical products that support a diverse range of industries, including defense\/aerospace, industrial, telecommunications, medical, and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. The Company\u2019s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.aultglobal.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains \u201cforward looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as \u201cbelieves,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cpotential,\u201d or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company\u2019s business and financial results are included in the Company\u2019s filings with the SEC including, but not limited to, the Company\u2019s Forms 10-K and 10-Q. All filings are available at www.sec.gov<\/a> and on the Company\u2019s website at www.aultglobal.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210305005570\/en\/<\/a><\/span><\/p>\n

IR@aultglobal.com<\/a> or 1-888-753-2235\n<\/p>\n

\n\u00a0\n<\/p>\n

KEYWORDS:<\/b> United States North America Nevada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Automotive Manufacturing Contracts Aerospace Satellite Manufacturing Technology Finance Consulting Professional Services Defense Rail Maritime Transport Telecommunications Textiles<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Ault Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock LAS VEGAS–(BUSINESS WIRE)– Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the \u201cCompany\u201d), announced today that it has amended the terms of its previously announced \u201cat-the-market\u201d equity offering program under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $200,000,000, inclusive of the previously authorized $125,000,000. The shares of common stock will continue to be offered through Ascendiant Capital Markets, LLC, acting in its capacity as sales agent (the \u201cAgent\u201d). Pursuant to an amended sales agreement with the Agent, sales of shares of the Company\u2019s common stock may be made in transactions that are … <\/p>\n

Continue reading “Ault Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452035","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAult Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdings-announces-amended-at-the-market-offering-of-common-stock-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ault Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ault Global Holdings Announces Amended \u201cAt The Market\u201d Offering of Common Stock LAS VEGAS–(BUSINESS WIRE)– Ault Global Holdings, Inc. 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