- Ault Global Holdings Inc DPW formed Ault Global Real Estate Equities, a Nevada corporation (AGREE), to invest in commercial real estate.
- AGREE would target the middle-market segment in the United States and has appointed Christopher K. Wu as its Chief Executive Officer to lead this strategy.
- “We believe there are attractive assets in commercial real estate in the United States that would benefit from capital investment and repositioning, and we believe Chris Wu, given his experience in the commercial real estate sector, will provide strong leadership to drive investments that meet our criteria,” stated Milton “Todd” Ault, Executive Chairman of Ault Global.
- Price Action: DPW shares traded higher by 1.32% at $2.28 premarket on the last check Friday.
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