Filing Details

Accession Number:
0001214659-23-005383
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-04-13 18:27:18
Reporting Period:
2023-04-11
Accepted Time:
2023-04-13 18:27:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1864032 Ault Disruptive Technologies Corp ADRT () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1212502 Iii C Milton Ault 11411 Southern Highlands Parkway
Suite 240
Las Vegas NV 89141
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-04-11 1,200 $10.48 0 No 4 S Indirect By Ault Lending, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Ault Lending, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants Acquisiton 2023-04-11 900 $10.48 900 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 S Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,875,000 Indirect By Ault Disruptive Technologies Company, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Warrants $11.50 7,100,000 7,100,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
7,100,000 7,100,000 Indirect
Footnotes
  1. The price reflects the total price per unit, each unit consisted of one share of common stock and three-fourths of one redeemable warrant ("Unit").
  2. Ault Lending, LLC ("AL") is a wholly-owned subsidiary of Ault Alliance, Inc. ("AAI"). Mr. Ault, the Executive Chairman of AAI, is deemed to have voting and investment power with respect to the securities held of record by AL.
  3. Ault Disruptive Technologies Company, LLC (the "Sponsor") is a wholly-owned subsidiary of AAI. Mr. Ault, the Executive Chairman of AAI, is deemed to have voting and investment power with respect to the securities held of record by the Sponsor.
  4. The Warrants may be exercised during the period commencing on the consummation by the Issuer of a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a "Business Combination") and terminating at 5:00 p.m., New York City time, on the date that is five years after the consummation of the Issuer's initial Business Combination or earlier upon redemption or the liquidation of the Issuer.