secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ault Disruptive Technologies Corp (—)
CIK:        0001864032
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001214659-23-009895
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ault Disruptive Technologies receives NYSE American non-compliance notice for public float and holders
--------------------------------------------------------------------------------

- On July 19, 2023, NYSE Regulation notified the company that it has only 188,875 publicly held shares (needs 200,000) and 296 public stockholders (needs 300).
- Company must submit a compliance plan by August 18, 2023; if accepted, must regain compliance by December 20, 2024.
- Failure to comply could result in delisting of common stock (ADRT) and units (ADRTU) from NYSE American.
- Company intends to submit a plan but cautions there is no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1864032/000121465923009895/0001214659-23-009895-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1864032/000121465923009895/o7202328k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-009895

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer