NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Details Plans for $25M Public Offering

DPW Holdings, Inc. (NYSE American: DPW), a diverse holdings company, this morning announced that it has filed a prospectus supplement with the Securities and Exchange Commission for a continuous public offering of up to one million shares of its newly designated 10% Series A Cumulative Redeemable Perpetual Preferred Stock carrying liquidation preference of $25.00 per share. Per the update, the company expects to realize up to $23.5 million in net proceeds from this offering, prior to payment of estimated expenses of the offering payable by the company, assuming all shares are sold. DPW intends to use the net proceeds from this offering to repay existing indebtedness, to fund future acquisitions and for other general corporate purposes.

To view the full press release, visit http://nnw.fm/A1SzU

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. For more information, visit the company’s website at www.DPWHoldings.com

More from NetworkNewsBreaks

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Market Cap Surpasses $2 Billion NetworkNewsBreaks – Canopy Rivers Corp. and AIM2 Ventures Inc. (TSXV: AIMB.P) Shareholders Vote in Favor of Qualifying Transaction NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Releases HUB880 Explorer

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

Lebanon uses Arab summit to call for Syrian refugees' return

Jan 20, 2019

BEIRUT — Lebanon used an Arab economic summit on Sunday to call for the return of Syrian refugees to safe areas of their war-torn country, where the nearly eight-year civil war is still underway despite a recent series of government victories. President Michel Aoun told the opening session that Lebanon is overwhelmed by the presence of Syrian and Palestinian refugees, who make about half the population of the tiny country, which is struggling with an economic crisis. The meeting is the first economic and development summit to be held since 2013, and comes as Syria, Yemen and Libya remain gripped...

Facing populist assault, global elites regroup in Davos

Jan 20, 2019

DAVOS, Switzerland — As the world's financial and political elites convene here in the Swiss Alps for the World Economic Forum, their vision of ever-closer commercial and political ties is under attack — and the economic outlook is darkening. Britain's political system has been thrown into chaos as the country negotiates a messy divorce from the European Union. Under President Donald Trump, the United States is imposing trade sanctions on friend and foe alike, and the government is paralyzed by a partial shutdown that forced Trump and a high-level U.S. delegation to cancel the trip to Davos. French President Emmanuel...

Democrats aren't buying Trump's shutdown-ending 'compromise'

Jan 20, 2019

WASHINGTON — In a bid to break the shutdown stalemate, President Donald Trump offered to extend temporary protections for young people brought to the U.S. illegally as children and those fleeing disaster zones in exchange for his long-promised border wall. But while Trump cast the move as a "common-sense compromise," Democrats were quick to dismiss it as a "non-starter." With polls showing a majority of Americans blaming him and Republicans for the impasse, Trump said from the White House that he was there "to break the logjam and provide Congress with a path forward to end the government shutdown and...

The shutdown today: Trump makes offer to Democrats

Jan 20, 2019

What's up with the partial government shutdown on Day 30: WHAT'S NEW President Donald Trump sought to break the government shutdown impasse Saturday, offering to extend protections for young people brought to the country illegally as children, if Democrats give him $5.7 billion for his long-promised border wall. But Democrats dismissed the offer as non-starter, calling on Trump to re-open the government first. Speaking from the White House, Trump said he was offering a "common-sense compromise both parties should embrace." House Speaker Nancy Pelosi said the president's proposal for ending the 29-day partial government shutdown was "a compilation of several...

Death toll reaches 73 in Mexico fuel pipeline fire horror

Jan 20, 2019

TLAHUELILPAN, Mexico — They were warned to stay away from the geyser of gasoline gushing from the illegally tapped pipeline in central Mexico, but Gerardo Perez says he and his son joined others in bypassing the soldiers. As they neared the spurting fuel he was overcome with foreboding. Perez recalls telling his son: "Let's go ... this thing is going to explode." And it did, with a fireball that engulfed locals scooping up the spilling gasoline and underscored the dangers of an epidemic of fuel theft from pipelines that Mexico's new president has vowed to fight. By Saturday evening the...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com