0001214659-23-005383 4 1 20230411 20230413 20230413 AULT MILTON C III 0001212502 DE 4 34 001-41171 23819376 11411 SOUTHERN HIGHLANDS PARKWAY SUITE 240 LAS VEGAS NV 89141 Ault Disruptive Technologies Corp 0001864032 6770 862279256 DE 1231 11411 SOUTHERN HIGHLANDS PKWY 240 LAS VEGAS NV 89141 (949) 444-5464 11411 SOUTHERN HIGHLANDS PKWY 240 LAS VEGAS NV 89141 4 1 marketforms-61204.xml PRIMARY DOCUMENT FORM 4 OMB APPROVAL ? Check this box OMB Number: if no longer UNITED STATES SECURITIES AND EXCHANGE COMMISSION 3235-0287 subject to Washington, D.C. 20549 Estimated Section 16. Form STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF average burden 4 or Form 5 SECURITIES hours per obligations may response... 0.5 continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting 2. Issuer Name and Ticker 5. Relationship of Person * or Trading Symbol Reporting Person(s) to AULT MILTON C III Ault Disruptive Issuer (Check all Technologies Corp [ ADRT ] applicable) __X__ Director __X__ 10% Owner (Last) (First) (Middle) 3. Date of Earliest _____ Officer (give title 11411 SOUTHERN HIGHLANDS Transaction (MM/DD/YYYY) below) _____ Other PARKWAY, SUITE 240 4/11/2023 (specify below) (Street) 4. If Amendment, Date 6. Individual or LAS VEGAS, NV 89141 Original Filed Joint/Group Filing (Check (MM/DD/YYYY) Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Rule 10b5-1(c) Transaction Indication ? Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security 2. Trans. Date 2A. 3. Trans. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature of (Instr. 3) Deemed Code Disposed of (D) Securities Form: Direct (D) Indirect Execution (Instr. 8) (Instr. 3, 4 and 5) Beneficially or Indirect (I) Beneficial Date, if Owned Following (Instr. 4) Ownership any Reported (Instr. 4) Transaction(s) (A) (Instr. 3 and 4) or Code V Amount (D) Price Common Stock 4/11/2023 S 1200 D $10.4798 (1) 0 I By Ault Lending, LLC (2) By Ault Disruptive Common Stock 2875000 I Technologies Company, LLC (3) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. 3. Trans. Date 3A. 4. Trans. 5. Number of 6. Date Exercisable 7. Title and Amount of 8. Price of 9. Number of 10. 11. Nature Derivate Security Conversion Deemed Code Derivative and Expiration Date Securities Underlying Derivative derivative Ownership of Indirect (Instr. 3) or Execution (Instr. 8) Securities Acquired Derivative Security Security Securities Form of Beneficial Exercise Date, if (A) or Disposed of (Instr. 3 and 4) (Instr. 5) Beneficially Derivative Ownership Price of any (D) Owned Security: (Instr. 4) Derivative (Instr. 3, 4 and 5) Following Direct (D) Security Reported or Transaction(s) Indirect Date Expiration Amount or (Instr. 4) (I) Exercisable Date Title Number of (Instr. 4) Code V (A) (D) Shares Common By Ault Warrants $11.50 4/11/2023 S 900 (4) (4) Stock 900 $10.4798 (1) 0 I Lending, LLC (2) By Ault Common Disruptive Warrants $11.50 (4) (4) Stock 7100000 7100000 I Technologies Company, LLC (3) Explanation of Responses: (1) The price reflects the total price per unit, each unit consisted of one share of common stock and three-fourths of one redeemable warrant ("Unit"). (2) Ault Lending, LLC ("AL") is a wholly-owned subsidiary of Ault Alliance, Inc. ("AAI"). Mr. Ault, the Executive Chairman of AAI, is deemed to have voting and investment power with respect to the securities held of record by AL. (3) Ault Disruptive Technologies Company, LLC (the "Sponsor") is a wholly-owned subsidiary of AAI. Mr. Ault, the Executive Chairman of AAI, is deemed to have voting and investment power with respect to the securities held of record by the Sponsor. (4) The Warrants may be exercised during the period commencing on the consummation by the Issuer of a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a "Business Combination") and terminating at 5:00 p.m., New York City time, on the date that is five years after the consummation of the Issuer's initial Business Combination or earlier upon redemption or the liquidation of the Issuer. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other AULT MILTON C III 11411 SOUTHERN HIGHLANDS PARKWAY X X SUITE 240 LAS VEGAS, NV 89141 Signatures /s/ Milton C. Ault, III, Executive Chairman 4/13/2023 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.