Brief: Gresham Worldwide And Ault Disruptive Technologies Announce Merger Agreement
24/06/2024 11:33
June 24 (Reuters) - Ault Disruptive Technologies Corp
ADRT.A :
* GRESHAM WORLDWIDE, INC. AND AULT DISRUPTIVE TECHNOLOGIES
CORPORATION ANNOUNCE MERGER AGREEMENT
* AULT DISRUPTIVE TECHNOLOGIES CORP: PROPOSED DEAL FOR
ENTERPRISE
VALUE OF APPROXIMATELY $83 MILLION
* AULT DISRUPTIVE TECHNOLOGIES CORP: COMBINED COMPANY, WHICH
WILL
BE NAMED GRESHAM WORLDWIDE
* AULT DISRUPTIVE TECHNOLOGIES: GRESHAM STOCKHOLDERS WILL
RETAIN
100% OF THEIR EQUITY, OWN ABOUT 66% OF COMBINED CO
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