No securities are beneficially owned.
Ault Disruptive Technologies Company, LLC, the Issuer's sponsor, is the record holder of 2,500,000 shares of the Issuer's common stock and 6,500,000 private placement warrants. The Reporting Person is the Manager of Ault Disruptive Technologies Company, LLC. By virtue of this relationship, Mr. Nisser may be deemed to share beneficial ownership of the securities held of record by Ault Disruptive Technologies Company, LLC. Mr. Nisser disclaims any such beneficial ownership except to the extent of his pecuniary interest.