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Ault Global Holdings (NYSE American: DPW) is set to present at the 14th Annual LD Micro Main Event from October 12-14, 2021. Executive Chairman Milton Ault, III, will discuss the Company’s advancements in electric vehicle charger development, defense business growth, and bitcoin mining operations during his presentation on October 13 at 2:30 PM PDT. He will also outline the Company’s financial position and future plans. For registration and more information, visit their website.
Ault Global Holdings, Inc. (NYSE American: DPW) has appointed Seth Murdoch as the new Chief Financial Officer of its power electronics subsidiary, TurnOnGreen Inc. Murdoch brings over 20 years of global finance experience, including roles with public companies and private equity firms. His expertise spans various sectors, focusing on technology startups, manufacturing, and logistics. The leadership changes aim to bolster TurnOnGreen's product development and growth strategies, with a promise of enhancing shareholder value.
Ault Global Holdings, Inc. (NYSE American: DPW) announced the deployment of 1,000 S19j Pro Antminers at its Michigan data center, expected to generate
Ault Global Holdings (NYSE: DPW) has announced the appointment of Jodi Brichan to the Board of Directors of its subsidiary, Adtech Pharma. Brichan, a commercialization expert with over 25 years in healthcare, was previously on the board until August 2021. Ault Global holds a right to acquire up to 40% equity in Adtech for $3 million. Adtech is developing a unique glaucoma treatment, NB-110, with a potential $4 billion market. The company's leadership believes Brichan’s expertise will enhance Adtech’s clinical development and revenue creation.
Ault Global Holdings (NYSE American: DPW) has invested
Ault Global Holdings (NYSE American: DPW) announced a strategic move to enhance its cryptocurrency mining operations by authorizing the establishment of BitNile, a subsidiary focused on decentralized finance (DeFi). The company has entered a purchase agreement with Bitmain to acquire 3,000 S19j Pro Antminers for $21 million, as well as incurring an additional $2 million in transaction costs. This builds upon a prior order of 1,000 Antminers. The deployment will occur monthly through July 2022, with the potential to generate annual revenues of $45 to $50 million.
Ault Global Holdings, Inc. (NYSE American: DPW) has received 1,000 S19j Pro Antminers, marking a resumption of its bitcoin mining activities. The new Antminers will be deployed at the Michigan data center, with completion expected by October 15, 2021. This follows the acquisition of a 617,000 square foot energy-efficient facility in January 2021. The facility is undergoing expansion to support increased power capacity for mining operations. Executive Chairman Milton Ault praised the team's efforts and anticipates that enhanced bitcoin mining will significantly boost revenues and profitability.
Ault Global Holdings, Inc. (NYSE American: DPW) announces the launch of its power electronics business, TurnOnGreen Inc., with the scheduled installation of commercial EV charging stations in southern and central California set for late September 2021. The TOGI commercial EV charging platform includes various models designed for the expected surge in electric vehicles. A market report projects the EV charging station market to grow to
Ault Global Holdings (NYSE American: DPW) announced on August 13, 2021, that it has regained compliance with the NYSE's continued listing standards. Following this achievement, the 'BC' designation indicating noncompliance was removed from its trading symbol on August 16, 2021. The Company previously faced a listing deficiency due to its inability to hold an annual shareholder meeting for the fiscal year ending December 31, 2020. AGH held this meeting on August 13, 2021, allowing it to resolve the compliance issue and focus on operational growth.
Ault Global Holdings (NYSE American: DPW) will hold a conference call today at 2:30 p.m. PDT to discuss its second quarter 2021 financial results. Executive Chairman Milton Ault, CEO William Horne, and CFO Kenneth Cragun will address the Company’s financial performance and outlook. Shareholders can register for the webcast until 2:00 p.m. PDT today. Ault Global is a diversified holding company focused on acquiring undervalued businesses and disruptive technologies across various sectors, including defense, telecommunications, and medical industries.
