Ault Disruptive Technologies Corporation
ADRT-UN
New York Stock Exchange Arca11.12
USD
+0.01
- -
Ault Disruptive Technologies Corporation
ADRT-UN
(New York Stock Exchange Arca)
Recent
price
11.12
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Ault Disruptive Technologies Corporation, established in February 2021, operated as a special purpose acquisition company. Its primary objective was to complete a merger, asset acquisition, or similar business combination with one or more entities, specifically targeting businesses within the innovative and emerging technology sector. Headquartered in Las Vegas, Nevada, the company aimed to identify disruptive technologies with the potential for widespread adoption and long-term value appreciation. However, the board of directors announced on September 27, 2024, a decision to dissolve and liquidate, as it would not finalize an initial business combination by the mandated deadline of December 20, 2024. Consequently, all outstanding public shares were redeemed at an estimated $11.18 per share, effective October 11, 2024, with its warrants expiring without value. The company ceased all operations beyond those necessary for winding up its affairs after this date.