Ault Global Holdings Announces Completion Of $200 Million At-The-Market Capital Raise - NewsBreak

Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the " Company"), announced today that it has completed the "at-the-market" (" ATM") equity offering program under which it sold, from time to time, shares of its common stock for aggregate gross proceeds of $200 million. The Company sold the total $200 million at an average price of $3.81 per share. The shares of common stock were offered through Ascendiant Capital Markets, LLC, in its capacity as the sales agent. The Company believes the $200 million in proceeds from the ATM equity offering have been transformational, resulting in a strong balance sheet and providing the Company its most promising opportunities in its over 50-year history.