DPW

IBM and Globality named as headline sponsors for upcoming DPW2021 virtual conference

Retrieved on: 
Tuesday, May 11, 2021

b'AMSTERDAM, May 11, 2021 /PRNewswire-PRWeb/ --Digital Procurement World (DPW), the world\'s leading ecosystem dedicated to helping procurement organizations with digital transformation, announced today that IBM and Globality will be the lead sponsors of DPW2021, its annual flagship conference.

Key Points: 
  • b'AMSTERDAM, May 11, 2021 /PRNewswire-PRWeb/ --Digital Procurement World (DPW), the world\'s leading ecosystem dedicated to helping procurement organizations with digital transformation, announced today that IBM and Globality will be the lead sponsors of DPW2021, its annual flagship conference.
  • "So we are delighted to have IBM and Globality as our headline sponsors for DPW2021.
  • Both companies are leaders in this field, and their experience in helping large organizations with digital transformation will greatly benefit our delegates.
  • "\nKeith Hausmann, Chief Revenue Officer at Globality, said, "We are excited to continue our ongoing partnership with DPW as a headline sponsor of DPW2021.

DPW Holdings’ Gresham Worldwide Business Announces Development Agreement with Global Medical Device Company

Retrieved on: 
Thursday, October 22, 2020

NEWPORT BEACH, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that its global defense and technology business, Gresham Worldwide, Inc. (Gresham Worldwide), has entered into an agreement to develop medical testing facilities with Align Technology, Inc. (NASDAQ: ALGN), a global medical device company, through Gresham Worldwides wholly owned subsidiary, Enertec Systems 2001, Ltd. (Enertec).

Key Points: 
  • NEWPORT BEACH, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that its global defense and technology business, Gresham Worldwide, Inc. (Gresham Worldwide), has entered into an agreement to develop medical testing facilities with Align Technology, Inc. (NASDAQ: ALGN), a global medical device company, through Gresham Worldwides wholly owned subsidiary, Enertec Systems 2001, Ltd. (Enertec).
  • Expanding its portfolio of business in the medical field adds to momentum at Enertec, said Jonathan Read, Gresham Worldwides CEO.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Gresham Worldwide, formerly known as DPW Technology Group, is a provider of high-quality, ultra-reliable bespoke technology solutions for mission-critical applications in the defense, medical and telecommunications verticals.

DPW Holdings Reports Preliminary Second Quarter Financial Results

Retrieved on: 
Monday, August 17, 2020

DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW or the Company), today reported preliminary financial results for its second quarter and the six-month period ended June 30, 2020.

Key Points: 
  • DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW or the Company), today reported preliminary financial results for its second quarter and the six-month period ended June 30, 2020.
  • The Company expects to file final financial results on its Form 10Q with the Securities and Exchange Commission on August 19, 2020.
  • The Company reports that its order backlog at the end of the second quarter was approximately $70.2 million, including $46 million of related party backlog (note that related-party backlog is delinquent in the production schedule).
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

DPW Holdings’ Coolisys Power Electronics Business to Host Webinar Regarding Its Entry into the Electric Vehicle Charger Market

Retrieved on: 
Friday, July 24, 2020

Newport Beach, Calif., July 24, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company), announced that its power electronics business, Coolisys Technologies Corp. (Coolisys), will host a webinar discussing its new product line of electric vehicle (EV) chargers.

Key Points: 
  • Newport Beach, Calif., July 24, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company), announced that its power electronics business, Coolisys Technologies Corp. (Coolisys), will host a webinar discussing its new product line of electric vehicle (EV) chargers.
  • The topics of conversation will include Coolisys roll out of the new products and plans for the next few years.
  • Coolisys subsidiary, Digital Power Corporation, has been providing innovative power solutions since 1969 and the Company believes it is uniquely positioned to address the emerging EV charger market.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

DPW Holdings Announces Results of Special Meeting of Stockholders

Retrieved on: 
Wednesday, July 8, 2020

Newport Beach, Calif., July 08, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) today announced the results of the Companys 2020 Special Meeting of Stockholders (the Meeting), which was held at 9:00 a.m. PT on July 8, 2020 and at which time the four proposals voted upon, as set forth in the Companys Definitive Proxy Statement, were approved by stockholders.

Key Points: 
  • Newport Beach, Calif., July 08, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) today announced the results of the Companys 2020 Special Meeting of Stockholders (the Meeting), which was held at 9:00 a.m. PT on July 8, 2020 and at which time the four proposals voted upon, as set forth in the Companys Definitive Proxy Statement, were approved by stockholders.
  • With our global defense business improving and the vote behind us we look forward to improving results and achieving greater stability, said Milton C. Ault, III, Chief Executive Officer of DPW.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

DPW Holdings Announces That Construction Has Resumed on Luxury Hotel in Tribeca

Retrieved on: 
Friday, June 12, 2020

Newport Beach, Cal., June 12, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that construction has resumed on the Tribeca Hotel at 456 Greenwich Street, New York, NY.

Key Points: 
  • Newport Beach, Cal., June 12, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that construction has resumed on the Tribeca Hotel at 456 Greenwich Street, New York, NY.
  • On June 12, 2019, the agreement was restructured whereby DPW has no further funding obligations until the hotel is open for business to the public.
  • The NY Partnership is a limited partner in the partnership that is responsible for the construction and related activities of developing a 5-Star luxury hotel on a premium development site in Tribeca.
  • Westchester-based Caspi Development entities will lead the hotel construction project and make all management decisions including decisions relating to the Construction Loan.

DPW Holdings Announces That Its Gresham Worldwide Defense Business Has Received Purchase Orders Totaling Approximately $3,200,000 From Four Defense Contractors

Retrieved on: 
Wednesday, June 10, 2020

Newport Beach, Calif., June 09, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that its global defense business, Gresham Worldwide, Inc. (Gresham Worldwide), has recently received purchase orders totaling approximately $3.2 million from four different global defense contractor customers of its operating subsidiary Microphase Corporation (Microphase).

Key Points: 
  • Newport Beach, Calif., June 09, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that its global defense business, Gresham Worldwide, Inc. (Gresham Worldwide), has recently received purchase orders totaling approximately $3.2 million from four different global defense contractor customers of its operating subsidiary Microphase Corporation (Microphase).
  • Gresham Worldwide provides high-quality, highly reliable bespoke technology solutions for mission critical applications in the defense, public safety, homeland security, medical and telecommunications markets.
  • We strongly believe in the prospects for Gresham Worldwide, said Jonathan Read, Gresham Worldwides CEO.
  • DPW has stepped up its focus on managing and financially supporting our Gresham Worldwide global defense business with the goal of maximizing the value returned to shareholders.

DPW Holdings, Inc. Announces Adjournment of Special Meeting of Stockholders

Retrieved on: 
Monday, June 8, 2020

NEWPORT BEACH, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) today announced the adjournment of the Companys 2020 Special Meeting of Stockholders (the Meeting), which was scheduled to be held at 9:00 a.m. on June 8, 2020 but was postponed because due to the absence of quorum to conduct business.

Key Points: 
  • NEWPORT BEACH, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) today announced the adjournment of the Companys 2020 Special Meeting of Stockholders (the Meeting), which was scheduled to be held at 9:00 a.m. on June 8, 2020 but was postponed because due to the absence of quorum to conduct business.
  • To access the virtual meeting please click the Virtual Shareholder Meeting link: www.meetingcenter.io/266742656 .
  • To login to the virtual meeting you have two option: Join as a Guest or Join as a Shareholder.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies that hold global potential.

DPW Holdings Announces Realignment of Corporate Structure to Provide Autonomy and Focus to Business Segments

Retrieved on: 
Tuesday, May 19, 2020

NEWPORT BEACH, Calif., May 19, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company), hereby announces that its board of directors has approved a proposed realignment of its corporate structure.

Key Points: 
  • NEWPORT BEACH, Calif., May 19, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company), hereby announces that its board of directors has approved a proposed realignment of its corporate structure.
  • DPW Holdings will structure the Company into three separate groups: Gresham Worldwide, Coolisys Technologies Corp. (Coolisys) and DPW Financial Group.
  • As part of the realignment, DPW Financial Group will hold the Companys investments in life sciences, materials science, e-commerce and hospitality companies, including internally incubated companies.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

DPW Holdings Announces Adjournment of Special Meeting of Stockholders Due to Lack of Quorum

Retrieved on: 
Friday, May 1, 2020

Newport Beach, Cal, May 01, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company), announced that DPWs special meeting of stockholders, scheduled as a virtual meeting format only, on April 30, 2020 at 9:00 a.m. PT.

Key Points: 
  • Newport Beach, Cal, May 01, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company), announced that DPWs special meeting of stockholders, scheduled as a virtual meeting format only, on April 30, 2020 at 9:00 a.m. PT.
  • There were fewer than a majority of shares entitled to vote present, either in person or by proxy at this meeting.
  • The special meeting of stockholders therefore had no quorum and the meeting was adjourned.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.