Ault Global Holdings, Inc. Regains Compliance with NYSE American Continued Listing Standards
August 17 2021 - 6:30AM
Business Wire
Ault Global Holdings, Inc. (NYSE American: DPW) a diversified
holding company (“AGH,” or the “Company”), announced
today that on August 13, 2021, the Company received written notice
from the NYSE American LLC (the “NYSE American”) stating
that AGH has regained compliance with all continued listing
standards set forth in Section 704 of the NYSE American Company
Guide.
By meeting the continued listing requirements, AGH has resolved
its continued listing deficiency and, effective at the start of
trading on August 16, 2021, the “BC” designation, signifying
noncompliance with the NYSE American’s listing standards, was
removed from the Company’s “DPW” trading symbol.
Commenting on the matter, AGH’s Executive Chairman Milton C.
Ault, III stated, “We are pleased that we have regained compliance
with the NYSE American's continued listing standards." Mr. Ault
continued, noting “With this matter resolved, we remain focused on
growing our operations and revenues.”
As previously announced, the Company was notified by the NYSE
American that the Company was not in compliance with the continued
listing standards of Section 704 of the Company Guide for its
inability to hold its annual shareholder meeting during its fiscal
year end December 31, 2020. On August 13, 2021, the Company held
its annual shareholder meeting and regained compliance.
About Ault Global Holdings,
Inc.
Ault 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, automotive,
telecommunications, medical/biopharma, and textiles. In addition,
the Company extends credit to select entrepreneurial businesses
through a licensed lending subsidiary. Ault Global Holdings’
headquarters are located at 11411 Southern Highlands Parkway, Suite
240, Las Vegas, NV 89141; www.AultGlobal.com.
Forward-Looking
Statements
This press release contains “forward looking statements” 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
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” 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’s business and financial results are included in the
Company’s filings with the SEC including, but not limited to, the
Company’s Forms 10-K, 10-Q and 8-K. All filings are available at
www.sec.gov and on the Company’s website at www.Aultglobal.com.
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