DPW Holdings announces adjournment of special meeting of stockholders

DPW Holdings announced that DPW's special meeting of stockholders, scheduled as a virtual meeting format only, on April 30 at 9:00 a.m. PT. was adjourned due to a lack of quorum. A quorum consists of a majority of the shares entitled to vote. 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. The company will hold another special meeting on June 8, at which it will seek approval for the same proposals as was sought for the meeting held on April 30, as well as the ratification of the appointment of Marcum LLP as its independent auditor. The record date for the new special meeting will be established by the company, but will be set at a future date; the former record date of March 2, is no longer valid.