Key facts
- This page summarizes Ault Disruptive Technologies Company, LLC's Form 4 filing for Ault Disruptive Technologies Corp.
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 22 Dec 2021, 15:54.
Ault Disruptive Technologies Company, LLC - 20 Dec 2021 Form 4 Insider Report for Ault Disruptive Technologies Corp
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 20 Dec 2021
- Net transaction value
- +$7,100,000
- SEC form
- 4
- Accepted by SEC
- 22 Dec 2021, 15:54:46 UTC
- Prior SEC filing
- 22 Dec 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Henry C.W. Nisser, as Manager of Ault Disruptive Technologies Company, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Ault Disruptive Technologies Company, LLC filed Form 4 for Ault Disruptive Technologies Corp on 22 Dec 2021.
Change
- Previous filing in this sequence was filed on 22 Dec 2021.
- Current net transaction value: +$7,100,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ADRT
transaction
Derivative
Warrants to purchase common stock
Purchase
- Transaction value
- $7,100,000
- Shares
- +7,100,000
- Change %
- Price
- $1.00*
- Shares after
- 7,100,000
- Date
- 20 Dec 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,325,000
- Exercise price
- $11.50
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Ault Disruptive Technologies Company, LLC purchased from the Issuer an aggregate of 7,100,000 private warrants, at $1.00 per private warrant, with each warrant exercisable for three-fourths of one share of common stock at an exercise price of $11.50 per whole share of common stock. The private warrants were purchased pursuant to a private placement simultaneously with the consummation of the Issuer's initial public offering.
Footnote F2
The private warrants will become exercisable on the later of (i) one year after the date that the Issuer's registration statement for its initial public offering was declared effective by the U.S. Securities and Exchange Commission, which is December 15, 2022 and (ii) the consummation of the Issuer's business combination. The private warrants will expire on the fifth anniversary following the consummation of the Issuer's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.