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Ault Disruptive Technologies Ends Merger with Bankrupt Gresham

Ault Disruptive Technologies Ends Merger with Bankrupt Gresham

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Ault Disruptive Technologies Corp. (ADRT) has shared an announcement.

Ault Disruptive Technologies Corporation has terminated its merger agreement with Gresham Worldwide, Inc. due to Gresham’s recent bankruptcy filing. This decision, effective as of August 15, 2024, requires no termination fee. Despite the merger’s cancellation, Ault Alliance, Inc. retains majority ownership in both companies, and their respective boards of directors share several members.

See more data about ADRT stock on TipRanks’ Stock Analysis page.

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