Ault Global Holdings Sells 9.9% Equity Interest in Universal Security Instruments, Inc.

LAS VEGAS--(BUSINESS WIRE)--Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that as of January 27, 2021, the Company had sold 228,967 shares of common stock of Universal Security Instruments, Inc. (NYSE American: UUU) at a weighted average price of $10 per share in the open market, for total gross proceeds of $2,290,198 before deducting commissions. As of the close of business on January 27, 2021, the Company owned no shares of Universal Security Instruments, Inc. For further information, see the Schedule 13D/A filed by the Company on January 28, 2021.