Milton C. Ault III - 30 Sep 2024 Form 4 Insider Report for Ault Disruptive Technologies Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Oct 2024, 18:35:08 UTC
Prior SEC filing
01 Oct 2024
Next SEC filing
04 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Milton C. Ault, III

Key filing fact

Milton C. Ault III filed Form 4 for Ault Disruptive Technologies Corp on 01 Oct 2024.

Key facts

  • This page summarizes Milton C. Ault III's Form 4 filing for Ault Disruptive Technologies Corp.
  • 1 reported transaction and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Oct 2024, 18:35.

Change

  • Previous filing in this sequence was filed on 01 Oct 2024.
  • Current net transaction value: -$25.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ADRT transaction Derivative

Warrants

Sale

Transaction value
$25
Shares
-10,000
Change %
-100%
Price
$0.002500*
Shares after
0
Date
30 Sep 2024
Ownership
By Ault Lending, LLC
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$11.50
Footnotes
F1, F2
ADRT holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,100,000
Date
30 Sep 2024
Ownership
By Ault Disruptive Technologies Company, LLC
Underlying class
Common Stock
Underlying amount
7,100,000
Exercise price
$11.50
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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.

Footnote F2

Ault Lending, LLC ("AL") is a wholly-owned subsidiary of HSD. Mr. Ault, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by AL.

Footnote F3

Ault Disruptive Technologies Company, LLC (the "Sponsor") is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Mr. Ault, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by the Sponsor.

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