DPW Holdings (NYSE American: DPW), a diverse holdings company, this morning announced that it has sent a notice to H.C. Wainwright & Co., LLC (“HCW”) terminating its at market issuance sales agreement dated February 27, 2018 between itself and HCW. September 23, 2018 is the effective date of the termination. Through the agreement, DPW sold a total of 21,241,911 shares of its common stock and raised gross proceeds of $19,022,416. Sales of common stock sold pursuant to the agreement were registered on the company’s shelf registration statement on Form S-3, initially filed with the SEC on December 18, 2017 and declared effective by the SEC on January 11, 2018. The prospectus supplement regarding the agreement was filed with the SEC on February 27, 2018.
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About DPW Holdings, Inc.
DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. For more information, visit the company’s website at www.DPWHoldings.com
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