Ault Disruptive Technologies Corporation
ADRT-WT
New York Stock Exchange0.01
USD
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Ault Disruptive Technologies Corporation
ADRT-WT
(New York Stock Exchange)
Recent
price
0.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Ault Disruptive Technologies Corporation was established as a Special Purpose Acquisition Company in February 2021, based in Las Vegas, Nevada, with the intention of pursuing a business combination within the technology sector. This blank check company originally sought to merge, acquire assets, or effect a stock exchange with an innovative, emerging enterprise. However, Ault Disruptive Technologies announced in September 2024 its decision to redeem all outstanding public shares and proceed with liquidation, as it was unable to finalize an initial business combination by its December 2024 deadline. The company's securities ceased trading on the NYSE American in October 2024, and all operations, apart from those necessary for winding up, have concluded, with its warrants expiring without value.