SEC Comment Letter 0000000000-23-003552 to Ault Disruptive Technologies Corp (ADRT, ADRTW, ADRT-UN) (CIK 0001864032)
Ault Disruptive Technologies Corp (ADRT, ADRTW, ADRT-UN) (CIK 0001864032)
Date: April 10, 2023 · CIK: 0001864032 · Accession: 0000000000-23-003552
AI Filing Summary & Sentiment
File numbers found in text: 001-41171
Referenced dates: January 12, 2023
Letter
United States securities and exchange commission logo April 10, 2023 William B. Horne Chief Executive Officer Ault Disruptive Technologies Corporation 11411 Southern Highlands Pkwy, Suite 240 Las Vegas, NV 89141 Re:Ault Disruptive Technologies Corporation Preliminary Proxy Statement on Schedule 14A Filed April 3, 2023 File No. 001-41171 Dear William B. Horne: We have reviewed your filing and have the following comment. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Preliminary Proxy Statement on Schedule 14A filed April 3, 2023 General 1.We note your letter dated January 12, 2023, in response to a comment letter, dated December 12, 2022, relating to your Form 10-K for the year ended December 31, 2021, where you provided proposed disclosure stating that the sponsor has substantial ties to one non-U.S. person and discussing the accompanying risks of such ties with respect to a potential initial business combination being subject to review by the Committee on Foreign Investment in the United States (CFIUS). Please revise your disclosure in the preliminary proxy statement to include the disclosure proposed in your January 12, 2023 response letter. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
FirstName LastNameWilliam B. Horne Comapany NameAult Disruptive Technologies Corporation April 10, 2023 Page 2 FirstName LastName William B. Horne Ault Disruptive Technologies Corporation April 10, 2023 Page 2 You may contact Isabel Rivera at 202-551-3518 or Dorrie Yale at 202-551-8776 if you have any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Spencer G. Feldman, Esq.
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United States securities and exchange commission logo
April 10, 2023
William B. Horne
Chief Executive Officer
Ault Disruptive Technologies Corporation
11411 Southern Highlands Pkwy, Suite 240
Las Vegas, NV 89141
Re:Ault Disruptive Technologies Corporation
Preliminary Proxy Statement on Schedule 14A
Filed April 3, 2023
File No. 001-41171
Dear William B. Horne:
We have reviewed your filing and have the following comment. In some of our
comments, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this comment, we may have additional comments.
Preliminary Proxy Statement on Schedule 14A filed April 3, 2023
General
1.We note your letter dated January 12, 2023, in response to a comment letter, dated
December 12, 2022, relating to your Form 10-K for the year ended December 31, 2021,
where you provided proposed disclosure stating that the sponsor has substantial ties to one
non-U.S. person and discussing the accompanying risks of such ties with respect to a
potential initial business combination being subject to review by the Committee on
Foreign Investment in the United States (CFIUS). Please revise your disclosure in the
preliminary proxy statement to include the disclosure proposed in your January 12, 2023
response letter.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
FirstName LastNameWilliam B. Horne
Comapany NameAult Disruptive Technologies Corporation
April 10, 2023 Page 2
FirstName LastName
William B. Horne
Ault Disruptive Technologies Corporation
April 10, 2023
Page 2
You may contact Isabel Rivera at 202-551-3518 or Dorrie Yale at 202-551-8776 if you
have any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Spencer G. Feldman, Esq.