DPW - Ault Global trades higher on $10.5M order for residential EV chargers
Ault Global Holdings' (DPW) division received a $10.5M purchase order for 30,000 7kW residential EV charging systems.Coolisys received the purchase order in conjunction with entering into a three-year Purchase and Resale Agreement for the residential chargers with Origin Micro and its subsidiary, iNet.In connection with fulfilling the purchase order, Coolisys will sell accessories to the residential charging EV systems worth ~$1.5M through iNet.Shares +9% premarket.
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Ault Global trades higher on $10.5M order for residential EV chargers