Capital Markets Team Advises Underwriter in $115 million SPAC
Sheppard Mullin’s Capital Markets Team represented the underwriters in Ault Disruptive Technologies Corporation’s (The Company) $115 million public offering. The Company began trading on the NYSE on December 16 under the symbol “ADRTU.” Ault Disruptive Technologies Corporation is a blank-check company sponsored by Ault Disruptive Technologies Company, LLC, a Delaware limited liability company, and a wholly owned subsidiary of BitNile Holdings, Inc. The Company intends to focus on opportunities to acquire companies with innovative and emerging technologies, products, or services that have the potential to transform major industries and radically impact society.
The Sheppard Mullin deal team included partners Richard Friedman and Stephen Cohen, special counsel Sean Reid and associates Nazia Khan, Emily Mastolini and Hannah Zelcer.
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