Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | ADRT | Common Stock | 2.88M | Dec 15, 2021 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | These shares represent shares of common stock of Ault Disruptive Technologies Corporation (the "Company"), held by Ault Disruptive Technologies Company, LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and among the Sponsor and the Company. The shares of common stock held by the Sponsor are not subject to forfeiture because the underwriters of the initial public offering of the Company exercised their over-allotment option in full. |
F2 | Henry C.W. Nisser, the President and General Counsel of the Company, is the Manager of the Sponsor. By virtue of this relationship, Mr. Nisser may be deemed to share beneficial ownership of the securities held of record by the Sponsor. Mr. Nisser disclaims any such beneficial ownership except to the extent of his pecuniary interest. |