Hyperscale Data, Inc. — Director's Dealing 2018

Jun 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DPW Holdings, Inc. (DPW)
CIK: 0000896493
Period of Report: 2018-06-27

Reporting Person: Ault & Company, Inc. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-27	Common Stock	P	529	$0.55	Acquired	75529	Direct
2018-06-27	Common Stock	P	871	$0.54	Acquired	76400	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series B Convertible Preferred Stock	$0.70		Common Stock (1785714)	125000	Indirect
Common Stock Purchase Warrant	$0.70	2023-04-24	Common Stock (357143)	1785714	Indirect

Footnotes

F1: The Series B Convertible Preferred Shares are convertible upon the earlier to occur of (i) 60 months from March 24, 2017, or (ii) upon the filing by the Issuer of one or more periodic reports that, singly or collectively, evidence(s) that the Issuer's gross revenues have reached no less than $10,000,000 in the aggregate, on a consolidated reporting basis, over four consecutive quarters in accordance with U.S. GAAP. There is no expiration date applicable to the conversion of the Series B Convertible Preferred Shares.

F2: These derivative securities of the Issuer are owned by Philou Ventures, LLC, a Wyoming limited liability company, of which the Reporting Person is the Manager and has sole voting and dispositive power over the underlying shares of Series B Convertible Preferred Stock and common stock.