# Gresham Worldwide and Ault Disruptive Technologies announce merger

Gresham Worldwide, a defense electronics provider, and SPAC Ault Disruptive Technologies signed a definitive merger agreement. The combined company will be named Gresham Worldwide with an implied enterprise value of about $83 million, expected to close in Q4 2024.

- Type: Acquisition
- Announced: 2024-06-24
- Where: United States
- Value: $83.0M
- Status: announced
- Products: electronic solutions for defense, healthcare, telecom, transportation
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Gresham Worldwide](https://endata.com/companies/51549.md) (target)
- [Ault Disruptive Technologies Corporation](https://endata.com/companies/78203.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1864032/000121465924011298/ex99_1.htm), 2024-06-24: "The combined company, which will be named Gresham Worldwide, Inc., will have an implied pro-forma enterprise value of approximately $83 million"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.