0001214659-24-003464 8-K 15 20240223 8.01 9.01 20240223 20240223 Ault Disruptive Technologies Corp 0001864032 6770 05 Real Estate & Construction 862279256 DE 1231 8-K 34 001-41171 24671707 11411 SOUTHERN HIGHLANDS PKWY 240 LAS VEGAS NV 89141 (949) 444-5464 11411 SOUTHERN HIGHLANDS PKWY 240 LAS VEGAS NV 89141 8-K 1 r2212408k.htm false 0001864032 0001864032 2024-02-23 2024-02-23 0001864032 ADTC:UnitsEachConsistingOfOneShareOfCommonStockParValue0.001PerShareAndThreefourthsOfOneRedeemableWarrantToPurchaseOneShareOfCommonStockMember 2024-02-23 2024-02-23 0001864032 ADTC:CommonStockParValue0.001PerShareMember 2024-02-23 2024-02-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 23, 2024 Ault Disruptive Technologies Corporation (Exact Name of Registrant as Specified in Charter) Delaware 001-41171 86-2279256 (State or other (Commission File (IRS Employer Identification jurisdiction Number) No.) of incorporation) 11411 Southern Highlands Parkway, Suite 240, Las Vegas, Nevada 89141 (Address of principal executive offices) (Zip Code) (949) 444-5464 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 210.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Trading Name of each exchange Title of each class Symbol(s) on which registered Units, each consisting of one ADRTU NYSE American LLC share of Common Stock, par value $0.001 per share and three-fourths of one Redeemable Warrant to purchase one share of Common Stock Common Stock, par value ADRT NYSE American LLC $0.001 per share Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2). Emerging growth company x If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 8.01. Other Events. The following is provided to update the disclosure included in Item 8.01 of the 8-K filed by Ault Disruptive Technologies Corporation (the “Company”), with the Securities and Exchange Commission on February 16, 2024. On February 16, 2024, the Company issued a press release, wherein the Company announced that holders of shares of common stock of the Company, par value $0.001 per share (“Common Stock”), sold as part of the units issued in its initial public offering who elected to redeem their Common Stock in connection with the special meeting of stockholders held on February 15, 2024 (the “Special Meeting”) could reverse their redemption requests by sending a DTC DWAC (Deposit/Withdrawal At Custodian) request to the Company’s transfer agent, Continental Stock Transfer & Trust Company, on or before 4:15 PM ET on February 20, 2024 (the “Redemption Reversal”). Following expiration of the Redemption Reversal, the Company’s public stockholders elected to redeem 121,695 shares of Common Stock at a redemption price of approximately $11.61 per share, for an aggregate redemption amount of approximately $1,426,813.99 (the “Redemption”). After the satisfaction of the Redemption the balance in the trust account will be approximately $779,652.44. Upon completion of the Redemption, 2,942,180 shares of Common Stock will remain issued and outstanding, of which 2,875,000 shares are held by Ault Disruptive Technologies Company, LLC, the sponsor of the Company. Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 23, 2024 AULT DISRUPTIVE TECHNOLOGIES CORPORATION By: /s/ Henry Nisser Name: Henry Nisser Title: President and General Counsel