ITEM 7.01 REGULATION FD DISCLOSURE
On October 29, 2020, DPW Holdings, Inc., a Delaware corporation (the "Company"),
issued a press release announcing that its subsidiary, Ault Alliance, Inc., has
formed a new subsidiary, Alliance Cloud Services, LLC, to drive its efforts to
deliver services to the Hyperscale and Cloud Data Center markets currently
estimated to grow to reach revenues of over $108 billion by 2025 according to a
June 16, 2020 study by Arizton Advisory and Intelligence.
A copy of the press release is furnished herewith as Exhibit 99.1 and is
incorporated by reference herein.
In accordance with General Instruction B.2 of Form 8-K, the information under
this item, Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, nor shall such information be
deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended, except as shall be expressly set forth by specific reference in such
a filing. This report will not be deemed an admission as to the materiality of
any information required to be disclosed solely to satisfy the requirements of
Regulation FD.
The Securities and Exchange Commission encourages registrants to disclose
forward-looking information so that investors can better understand the future
prospects of a registrant and make informed investment decisions. This Current
Report on Form 8-K and exhibits may contain these types of statements, which are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995, and which involve risks, uncertainties and
reflect the Registrant's judgment as of the date of this Current Report on Form
8-K. Forward-looking statements may relate to, among other things, operating
results and are indicated by words or phrases such as "expects," "should,"
"will," and similar words or phrases. These statements are subject to inherent
uncertainties and risks that could cause actual results to differ materially
from those anticipated at the date of this Current Report on Form 8-K. Investors
are cautioned not to rely unduly on forward-looking statements when evaluating
the information presented within.
Where You Can Find Additional Information
Investors and security holders will be able to obtain documents filed with the
Securities and Exchange Commission free of charge at the Commission's website,
www.sec.gov. Security holders may also read and copy any reports, statements and
other information filed by the Company with the Commission, at the SEC public
reference room at 100 F Street, N.E., Washington D.C. 20549. Please call the
Commission at 1-800-SEC-0330 or visit the Commission's website for further
information on its public reference room.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
Exhibit No. Description
99.1 Press Release issued on October 29, 2020.
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