27 unchanged sentences
investigation referred to as In re DPW Holdings, Inc.
−Removed: The Company and those parties have engaged in discussions with the SEC regarding
−Removed: the matters at issue in the investigation, and those discussions have progressed.
−Removed: No final resolution regarding the matters at issue in
−Removed: the investigation has been reached however, and there can be no assurance as to the outcome of this matter.
−Removed: The Company recorded a $1.0
−Removed: million loss contingency related to this matter.
−Removed: are no updates or changes to the risk factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2022.
+Added: The Company and those parties have reached a settlement with the SEC to fully
+Added: resolve the SEC’s previously disclosed investigation into certain of the Company’s public disclosures and its accounting for
+Added: certain transactions, among other matters.
+Added: Under terms of the settlement,
+Added: announced on August 15, 2023, the Company, Executive Chairman Milton “Todd” Ault, III, and Chief Executive Officer William
+Added: Horne neither admit nor deny the SEC’s findings, which do not entail intentional misconduct.
+Added: The Company will pay a civil penalty
+Added: of $0.7 million that was fully accrued in the fourth quarter of 2022;
+Added: Ault will pay disgorgement of $85,504 and a civil penalty of
+Added: Horne will pay a civil penalty of $20,720.
+Added: In addition, the Company has undertaken to retain an independent consultant
+Added: to conduct a comprehensive review of the Company’s internal control over financial reporting and disclosure controls and procedures,
+Added: and to issue a report providing recommendations for improvements.
+Added: There are no updates
+Added: or changes to the risk factors set forth in our amended Annual Report on Form 10-K/A for the year ended December 31, 2022.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.