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DPW Holdings announced the closing of mandatory registration for its Second Annual Investor Day Conference on October 8, 2020. The event, hosted by CEO Milton Ault III and other executives, aims to update stakeholders on the company's growth and strategies. Presenters include leaders from DPW’s subsidiaries in global defense and power electronics. Interested parties must pre-register to attend via Zoom or conference call. DPW focuses on acquiring undervalued businesses and providing mission-critical products across various industries while extending credit through a licensed lending subsidiary.
DPW Holdings, Inc. (NYSE American: DPW) has launched an "at-the-market" equity offering program, allowing it to sell common stock for up to $8,975,000. Shares will be offered via Ascendiant Capital Markets, acting as the sales agent, through transactions at prevailing market prices. Proceeds are intended for acquisitions, business expansions, and general corporate purposes. Currently, there are no specific acquisition agreements in place. The offering is made under an effective shelf registration statement, ensuring compliance with SEC regulations.
DPW Holdings has announced the launch of a new hybrid electric vehicle (EV) charger through its subsidiary, Coolisys Technologies. This charger features both Level 2 AC and Level 3 DC fast charging capabilities, compatible with various standards including J1772, CCS1, and CHAdeMO. The product is designed for a wide range of electric vehicles, including popular brands like Tesla and Ford. The user-friendly charging station includes advanced features like a large touchscreen interface and remote connectivity for status updates. This move positions DPW to meet the anticipated growth in global EV infrastructure.
DPW Holdings, Inc. (NYSE American: DPW) announced the successful beta testing of its subsidiary It’sLikeFashion.com, a membership-only Ecommerce platform. Expected to report revenue in Q4 2020, It’sLikeFashion will offer luxury and brand-name items at discounts up to 90%. The platform aims to combat waste in retail by providing a sustainable alternative for manufacturers. Exclusive pop-up sales events will be conducted for members ahead of the holiday season. Membership is now available through their website.
DPW Holdings, Inc. (NYSE American: DPW) announced the rescheduling of its Second Annual Investor Day Conference to October 8, 2020, at 10:00 a.m. PT, initially set for September 22. CEO Milton Ault stated that this change allows for a more comprehensive presentation of the company’s initiatives and progress. The event will feature key company executives and will be accessible via Zoom and conference call, with mandatory pre-registration. DPW focuses on acquiring undervalued businesses and technologies across various industries.
DPW Holdings (NYSE American: DPW) announced the launch of its new High Density (HD) AC/DC power supply product line through its subsidiary, Coolisys Technologies. Targeting the medical, industrial, and telecom sectors, the HD Series promises high efficiency (up to 94%) and power density, available in three output options: 12VDC, 24VDC, and 48VDC. The power supply market was valued at $28.8 billion in 2019. Key features include built-in active power factor correction and multiple packaging options. The product is suitable for harsh environments and mission-critical applications.
DPW Holdings announced full construction progress on the Tribeca Hotel in New York, with the foundation and superstructure completed. Set to open in summer 2022, the luxury hotel will feature 96 rooms, restaurants, a spa, and other amenities. DPW has invested approximately $1.87 million in the project and has no further financial obligations until the hotel opens. The project secured a $145 million construction loan from Hana Financial Investment, with Caspi Development managing the construction.
DPW Holdings, Inc. (NYSE American: DPW) announced that its subsidiary, Coolisys Technologies Corp., will conduct tests of its new electric vehicle (EV) charger products. These innovative chargers aim to fully charge an EV with a 150-mile range battery in over 30 minutes. Initial orders are expected in Q4 2020. The EV charging market is projected to grow to $27.7 billion by 2027. Coolisys offers various chargers, including level 2 and level 3 options, catering to residential and commercial needs.
DPW Holdings, Inc. (DPW) announced it will host its Second Annual Investor Conference on September 22, 2020, at 10:00 a.m. PT. The event will showcase updates on the company’s performance, current activities, and future plans. Key executives, including CEO Milton “Todd” Ault, III, will present alongside leaders from subsidiaries like Gresham Worldwide, Inc. and Coolisys Technologies Corp. The event is accessible via Zoom and requires pre-registration.
DPW aims to educate investors on its value proposition and ongoing business growth efforts.
DPW Holdings is set to present at the LD 500 Virtual Conference on September 1, 2020, at 11:20 AM PST. The presentation will be led by CEO Milton "Todd" Ault, III, and President William B. Horne, who will discuss the company's subsidiaries and growth plans. Pre-registration is required for attendees, and the event runs from September 1-4. DPW Holdings focuses on acquiring undervalued businesses and offers products across various industries, including defense and medical sectors.
