13D Filing: Iroquois Capital Management, LLC and Digital Power Corp (DPW)

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Page 4 of 14 – SEC Filing

CUSIP No. 253862 10 6 13D Page 4 of 14 Pages
1

NAME OF REPORTING PERSON

Iroquois Master Fund Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a) o

  (b) o

3

SEC USE ONLY

4

SOURCE OF FUNDS

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

334,332 (1)

8

SHARED VOTING POWER

– 0 –

9

SOLE DISPOSITIVE POWER

334,332 (1)

10

SHARED DISPOSITIVE POWER

– 0 –

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

334,332 (1)

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES

o
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.9% (2)

14

TYPE OF REPORTING PERSON

CO

(1)       This does not include
certain Warrants that are not exercisable within 60 days of this Schedule 13D. Including such Warrant, and without regard to any
beneficial ownership limitations on the Warrants pursuant to the terms therein, the Reporting Person has sole voting power, sole
dispositive power and beneficial ownership of 584,332 Shares.

(2)       This
does not include certain Warrants that are not exercisable within 60 days of this Schedule 13D. Including such Warrants, and without
regard to any beneficial ownership limitations on the Warrants pursuant to the terms therein, the percentage of class represented
by the amount in Row 11 is 5.0%.

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