Streetbeat News

ADRT

Ault Disruptive Technologies Corporation

Industry

Shell Companies

Ault Disruptive Technologies Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses in technology sector. The company was incorporated in 2021 and is based in Las Vegas, Nevada.

Open

11.30

Mkt cap

33M

Volume

2.9K

High

11.39

P/E Ratio

-66.76

52-wk high

76.00

Low

11.30

Div yield

N/A

52-wk low

10.81

Ault Disruptive Technologies Corporation announced it will redeem its public shares and will not proceed with an initial business combination.

Portfolio Pulse from Nabaparna Bhattacharya

September 27, 2024 | 10:33 am

Ault Disruptive Technologies Corp (NASDAQ:ADRT) shares fell by 15.8% to $12.63 after the company terminated its merger agreement with Gresham, following Gresham's bankruptcy filing. No termination fees will be paid, and Ault Alliance, Inc. will retain majority ownership of both companies.

Portfolio Pulse from Henry Khederian

August 16, 2024 | 3:54 pm

Ault Disruptive Technologies shares are trading lower after the company delivered a termination notice to Gresham, notifying that it was exercising its right to terminate the merger agreement, effective August 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 1:24 pm

On August 15, 2024, Ault Disruptive Technologies (ADRT) delivered a termination notice to Gresham, exercising its right to terminate the merger agreement due to Gresham's recent bankruptcy filing.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:45 pm

Ault Disruptive Technologies shares are trading higher following the announcement of a definitive merger agreement with Gresham Worldwide.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:27 pm

Gresham Worldwide, Inc. (OTCQB:GIGA) and Ault Disruptive Technologies Corporation (NYSE:ADRT) have announced a merger agreement. The transaction, valued at approximately $83 million, will see Gresham redomicile to Delaware and rebrand as Gresham Worldwide, Inc., listed on the NYSE American under the ticker symbol 'GWWI'. The merger aims to expand Gresham's defense and healthcare technology capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:35 am

Shares of Science Applications International Corporation (NASDAQ:SAIC) fell 11% following a 9% year-over-year revenue decline in Q1 2025, despite slightly beating revenue estimates and meeting EPS expectations. Other notable stock movements include Microbot Medical Inc. (NASDAQ:MBOT) jumping 92.5% after FDA approval for a clinical trial, and Bio-Path Holdings, Inc. (NASDAQ:BPTH) rising 75% following positive interim results from a Phase 2 study.

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 5:56 pm

Multiple stocks on the New York Stock Exchange, including Berkshire Hathaway and Chipotle, experienced sudden trading halts due to technical issues. The NYSE is investigating the issue, which caused significant price drops in some stocks.

Portfolio Pulse from Piero Cingari

June 03, 2024 | 2:37 pm

Ault Disruptive Technologies Corporation, a special purpose acquisition company, has announced that the NYSE American has accepted its business plan to regain compliance with the Exchange's continued listing standards. The company was previously notified of its non-compliance with the standards, which require a listed company to maintain a minimum of 200,000 shares publicly held and a minimum of 300 public stockholders on a continuous basis.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 10:36 am

Shares of Ault Disruptive Technologies (ADRT) have resumed trading.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 5:05 pm

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