NYSE American: ADRT (common stock) and ADRT-WS (warrants)
Ault Disruptive Technologies
Ault Disruptive Technologies Corporation (NYSE American: ADRT) ("Ault Disruptive") is a Special Purpose Acquisition Company ("SPAC") whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, or similar business combination with one or more businesses.
- Ault Disruptive Technologies Company, LLC, the sponsor of Ault Disruptive, is a wholly-owned subsidiary of BitNile Holdings, Inc. (NYSE American: NILE). NILE 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, NILE owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma, and textiles. In addition, NILE extends credit to select entrepreneurial businesses through a licensed lending subsidiary.
- Ault Disruptive intends to focus on opportunities to acquire companies with innovative, emerging, and disruptive technologies, products, and services that have the potential to transform major industries.
- Ault Disruptive target investment size includes companies with an aggregate enterprise value of $200m – $500m that would benefit from access to public markets and the operational and strategic expertise of NILE’s management team and board of directors.