BRIEF-Gresham Worldwide And Ault Disruptive Technologies Announce Merger Agreement-February 2024-www.financetom.com

BRIEF-Gresham Worldwide And Ault Disruptive Technologies Announce Merger Agreement

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BRIEF-Gresham Worldwide And Ault Disruptive Technologies Announce Merger Agreement

Jun 24, 2024 3:50 AM

June 24 (Reuters) - Ault Disruptive Technologies Corp ( ADRT )

* GRESHAM WORLDWIDE, INC. ( GIGA ) AND AULT DISRUPTIVE TECHNOLOGIES

CORPORATION ANNOUNCE MERGER AGREEMENT

* AULT DISRUPTIVE TECHNOLOGIES CORP ( ADRT ): PROPOSED DEAL FOR

ENTERPRISE

VALUE OF APPROXIMATELY $83 MILLION

* AULT DISRUPTIVE TECHNOLOGIES CORP ( ADRT ): COMBINED COMPANY, WHICH

WILL

BE NAMED GRESHAM WORLDWIDE

* AULT DISRUPTIVE TECHNOLOGIES ( ADRT ): GRESHAM STOCKHOLDERS WILL

RETAIN

100% OF THEIR EQUITY, OWN ABOUT 66% OF COMBINED CO

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