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    Digital Ally, Inc. (DGLY)

    Price:

    1.87 USD

    ( + 0.12 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    DGLY
    Name
    Digital Ally, Inc.
    Industry
    Security & Protection Services
    Sector
    Industrials
    Price
    1.870
    Market Cap
    3.230M
    Enterprise value
    3.741B
    Currency
    USD
    Ceo
    Stanton E. Ross
    Full Time Employees
    31
    Ipo Date
    2007-05-16
    City
    Overland Park
    Address
    14001 Marshall Drive

    Check the

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    SIMILAR COMPANIES STI SCORE

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    VALUE SCORE:

    6

    Symbol
    NSSC
    Market Cap
    1.130B
    Industry
    Security & Protection Services
    Sector
    Industrials

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    Evolv Technologies Holdings, Inc.

    VALUE SCORE:

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    Symbol
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    Market Cap
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    Industry
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    The best

    SU Group Holdings Limited Ordinary Shares

    VALUE SCORE:

    11

    Symbol
    SUGP
    Market Cap
    47.101M
    Industry
    Security & Protection Services
    Sector
    Industrials
    FUNDAMENTALS
    P/E
    -0.238
    P/S
    0.174
    P/B
    0.285
    Debt/Equity
    0.407
    EV/FCF
    -0.595
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    0.343
    Earnings yield
    -4.195
    Debt/assets
    0.146
    FUNDAMENTALS
    Net debt/ebidta
    -0.222
    Interest coverage
    -9.306
    Research And Developement To Revenue
    0.031
    Intangile to total assets
    0.384
    Capex to operating cash flow
    -0.037
    Capex to revenue
    0.021
    Capex to depreciation
    0.213
    Return on tangible assets
    -0.695
    Debt to market cap
    1.170
    Piotroski Score
    5.000
    FUNDAMENTALS
    PEG
    4.565
    P/CF
    -0.256
    P/FCF
    -0.301
    RoA %
    -42.780
    RoIC %
    -72.834
    Gross Profit Margin %
    25.222
    Quick Ratio
    0.754
    Current Ratio
    1.013
    Net Profit Margin %
    -59.677
    Net-Net
    -8.825
    FUNDAMENTALS PER SHARE
    FCF per share
    -7.583
    Revenue per share
    13.145
    Net income per share
    -7.844
    Operating cash flow per share
    -7.310
    Free cash flow per share
    -7.583
    Cash per share
    0.440
    Book value per share
    5.757
    Tangible book value per share
    -1.286
    Shareholders equity per share
    6.561
    Interest debt per share
    3.635
    TECHNICAL
    52 weeks high
    2.420k
    52 weeks low
    1.660
    Current trading session High
    2.030
    Current trading session Low
    1.740
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Technology
    Industry
    Software - Infrastructure
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.146
    logo

    Country
    US
    Sector
    Communication Services
    Industry
    Internet Content & Information
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -5.801
    logo

    Country
    CN
    Sector
    Communication Services
    Industry
    Internet Content & Information
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.442
    logo

    Country
    US
    Sector
    Technology
    Industry
    Software - Infrastructure
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.011
    logo

    Country
    US
    Sector
    Technology
    Industry
    Communication Equipment
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.275
    DESCRIPTION

    Digital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; miniature body-worn digital video systems for law enforcement and private security; and VuLink, an in-car device that enables an in-car digital audio/video system and a body worn digital audio/video camera system to automatically and simultaneously start recording. It also provides VuVault and EVO Web, a cloud-based evidence management system; FleetVU Manager, a web-based software for commercial fleet tracking and monitoring; ThermoVu, a non-contact temperature-screening instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters; and Shield disinfectants and cleansers, as well as other personal protective equipment and supplies, such as masks, gloves, sanitizer wipes, and electrostatic sprayer to health care workers and other consumers. In addition, the company offers working capital and back-office services, including insurance and benefit verification, medical treatment documentation and coding, and collections to healthcare organizations; and operates TicketSmarter.com, an online ticketing marketplace for ticket sales, partnerships, and ticket resale services for live events, including concerts, sporting events, theatres, and performing arts. Digital Ally, Inc. was founded in 2004 and is headquartered in Lenexa, Kansas.

    NEWS
    https://images.financialmodelingprep.com/news/digital-ally-inc-announces-first-quarter-operating-results-20250521.jpg
    DIGITAL ALLY, INC. ANNOUNCES FIRST QUARTER OPERATING RESULTS

    globenewswire.com

    2025-05-21 08:30:00

    COMPANY REPORTS EARNINGS PER SHARE OF $1.41, COMPARED WITH PRIOR-YEAR NET LOSS OF ($27.48) PER SHARE Overland Park, KS, May 21, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, including law enforcement, emergency management, fleet safety and event security, today announced that it has filed its Quarterly Report on Form 10-Q for the three months ended March 31, 2025 with the SEC. The Form 10-Q reflects significant improvements in gross profit, operating income (loss), and net income attributable to common stockholders in the first quarter of 2025 when compared with the prior-year period.

    https://images.financialmodelingprep.com/news/digital-ally-announces-reverse-stock-split-20250521.jpg
    Digital Ally Announces Reverse Stock Split

    globenewswire.com

    2025-05-21 08:00:00

    Overland Park, KS, May 21, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, including law enforcement, emergency management, fleet safety and event security, today announced a 1-for-100 reverse split (the "Reverse Stock Split") of the Company's common stock (the "Common Stock"). The Company anticipates that the Common Stock will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (“Nasdaq”) with the open of the market on Friday, May 23, 2025. The new, post-split CUSIP number for the Common Stock will be 25382T408.

    https://images.financialmodelingprep.com/news/digital-ally-receives-positive-listing-determination-from-nasdaq-20250507.jpg
    Digital Ally Receives Positive Listing Determination from Nasdaq

    globenewswire.com

    2025-05-07 09:00:00

    Overland Park, KS, May 07, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today reported that by decision dated May 1, 2025, the Nasdaq Hearings Panel (the “Panel”) granted the Company's request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”). The Company's continued listing on Nasdaq is subject to, among other conditions, the Company's compliance with certain criteria for continued listing on The Nasdaq Capital Market, namely the $2.5 million stockholders' equity requirement by May 20, 2025, and the $1.00 bid price requirement by June 6, 2025, and the Company's continued compliance with all other applicable listing criteria through September 2, 2025.

    https://images.financialmodelingprep.com/news/digital-ally-announces-reverse-stock-split-20250505.jpg
    Digital Ally Announces Reverse Stock Split

    globenewswire.com

    2025-05-05 09:20:00

    Lenexa, KS, May 05, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, including law enforcement, emergency management, fleet safety and event security, today announced a 1-for-20 reverse split (the "Reverse Stock Split") of the Company's common stock (the "Common Stock"). The Company anticipates that the Common Stock will begin trading on the Nasdaq Capital Market (“Nasdaq”) on a split-adjusted basis at the start of trading on May 7, 2025 and will have a new CUSIP number of 25382T309.

    https://images.financialmodelingprep.com/news/digital-ally-inc-receives-notification-of-deficiency-from-nasdaq-20250425.jpg
    Digital Ally, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

    globenewswire.com

    2025-04-25 16:05:00

    Lenexa, KS, April 25, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on April 23, 2025, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company's Annual Report on Form 10-K for the period ended December 31, 2024 (the “Annual Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company's securities on Nasdaq.

    https://images.financialmodelingprep.com/news/digital-ally-announces-six-new-patents-issued-by-uspto-20250225.jpg
    Digital Ally Announces Six New Patents Issued by USPTO

    globenewswire.com

    2025-02-25 08:10:00

    Lenexa, KS, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY)(the “Company” or “Digital Ally”), a leading provider of video solutions that develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety, and event security, is forging ahead with cutting-edge innovations and strong leadership aimed at reshaping the future of security and efficiency in video technology systems.

    https://images.financialmodelingprep.com/news/digital-ally-inc-announces-closing-of-150-million-underwritten-20250214.jpg
    Digital Ally, Inc. Announces Closing of $15.0 Million Underwritten Public Offering

    globenewswire.com

    2025-02-14 13:23:00

    LENEXA, KS, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, including law enforcement, emergency management, fleet safety and event security, today announced the closing of its previously announced firm commitment underwritten public offering. Gross proceeds to the Company were approximately $15.0 million, before deducting underwriting fees and other offering expenses payable by the Company. The offering closed on February 14, 2025.

    https://images.financialmodelingprep.com/news/digital-ally-inc-announces-pricing-of-150-million-underwritten-20250213.jpg
    Digital Ally, Inc. Announces Pricing of $15.0 Million Underwritten Public Offering

    globenewswire.com

    2025-02-13 09:00:00

    LENEXA, KS, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, including law enforcement, emergency management, fleet safety and event security, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $15.0 million, before deducting underwriting fees and other estimated offering expenses payable by the Company.

    https://images.financialmodelingprep.com/news/north-american-morning-briefing-global-ad-shares-2-20241209.png
    North American Morning Briefing : Global Ad Shares -2-

    https://www.marketscreener.com

    2024-12-09 06:35:38

    Lundin Mining Announces Sale to Boliden of its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden for Up to $1.52 Billion: Lundin To Receive Upfront Cash Consideration of $1.37B Upon Closing; To Also Get up to $150M in Contingent Cash Upon Satisfaction of Condition; Proceeds Will Strengthen Balance Sheet and Support Growth Plans in the Vicuña District Expected Major Events for Monday aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); 00:01/UK: Nov KPMG and REC UK Report on Jobs 04:30/JPN: Nov Corporate Insolvencies 05:00/JPN: Nov Economy Watchers Survey 07:00/GER: 3Q Labour cost index 15:00/US: Oct Monthly Wholesale Trade 15:00/US: Nov Employment Trends Index 23:50/JPN: Nov Money Stock, Broadly-defined Liquidity All times in GMT. Powered by Kantar Media and Dow Jones. Expected Earnings for Monday Amtech Systems Inc (ASYS) is expected to report $-0.01 for 4Q. Anavex Life Sciences Corp (AVXL) is expected to report $-0.16 for 4Q. Avalon Advanced Materials is expected to report for 4Q. Braze Inc (BRZE) is expected to report $-0.30 for 3Q. Buckle Inc (BKE) is expected to report. C3.ai Inc (AI) is expected to report $-0.60 for 2Q. Casey's General Stores Inc (CASY) is expected to report $4.25 for 2Q. Centene Corp (CNC) is expected to report for Full year. Digital Ally Inc (DGLY) is expected to report for 3Q. Franklin Resources Inc (BEN) is expected to report. Genasys Inc (GNSS) is expected to report $-0.11 for 4Q. Healthequity Inc (HQY) is expected to report $0.24 for 3Q. MongoDB Inc (MDB) is expected to report $-0.83 for 3Q. NexPoint Diversified Real Estate Trust (NXDT) is expected to report for 3Q. North West Co Inc (NWC.T) is expected to report $0.77 for 3Q. Oil-Dri Corp of America (ODC) is expected to report for 1Q. Oracle Corp (ORCL) is expected to report $1.06 for 2Q. Phreesia Inc (PHR) is expected to report $-0.27 for 3Q. Planet Labs PBC (PL) is expected to report $-0.08 for 3Q. Remark Holdings Inc (MARK) is expected to report $-0.19 for 3Q. Rent the Runway Inc (RENT) is expected to report for 3Q. Smart Share Global Ltd - ADR (EM) is expected to report for 3Q. Talis Biomedical Corp (TLIS) is expected to report for 3Q. Titan Pharmaceuticals Inc (TTNP) is expected to report for 3Q. Toll Brothers Inc (TOL) is expected to report $4.34 for 4Q. Vail Resorts (MTN) is expected to report $-4.96 for 1Q. VersaBank is expected to report $0.29 for 4Q. Webco Industries Inc (WEBC) is expected to report for 1Q. Yext Inc (YEXT) is expected to report $0.06 for 3Q. Powered by Kantar Media and Dow Jones. ANALYST RATINGS ACTIONS Altria Raised to Buy From Neutral by B of A Securities Argan Cut to Market Perform From Market Outperform by CJS Securities Asana Raised to Sector Weight From Underweight by Keybanc Brixmor Property Group Raised to Outperform From Market Perform by BMO Capital Deere & Co Cut to Hold From Buy by Jefferies DocuSign Cut to Reduce From Hold by HSBC Dollar General Raised to Buy From Underperform by B of A Securities Duckhorn Portfolio Cut to Hold From Buy by Jefferies EPAM Systems Raised to Buy From Neutral by Goldman Sachs Fortrea Holdings Cut to Neutral From Outperform by Baird GrafTech International Raised to Neutral From Underweight by JP Morgan Hewlett Packard Ent Raised to Buy From Neutral by Citigroup Kennametal Cut to Hold From Buy by Jefferies Molson Coors Beverage Raised to Buy From Neutral by B of A Securities ONE Gas Cut to Neutral From Buy by Ladenburg Thalmann Paccar Cut to Hold From Buy by Jefferies Peloton Interactive Raised to Neutral From Sell by UBS PJT Partners Raised to Neutral From Sell by UBS PotlatchDeltic Raised to Outperform From Market Perform by BMO Capital ProFrac Holding Cut to Underweight From Neutral by JP Morgan Prologis Cut to Underperform From Market Perform by BMO Capital ProPetro Holding Raised to Neutral From Underweight by JP Morgan Republic Services Raised to Outperform From Market Perform by BMO Capital Robinhood Markets Raised to Buy From Neutral by Goldman Sachs SiteOne Landscape Supply Raised to Buy From Hold by Jefferies Smith & Wesson Brands Cut to Hold From Buy by Craig-Hallum Smith & Wesson Brands Cut to Hold From Buy by Lake Street Timken Raised to Buy From Hold by Jefferies WesBanco Raised to Strong Buy From Outperform by Raymond James Weyerhaeuser Raised to Outperform From Market Perform by BMO Capital This article is a text version of a Wall Street Journal newsletter published earlier today. (END) Dow Jones Newswires 12-09-24 0634ET

    https://images.financialmodelingprep.com/news/kustom-entertainment-inc-a-digital-ally-inc-nasdaq-dgly-20241204.jpg
    Kustom Entertainment, Inc., a Digital Ally, Inc. (Nasdaq: DGLY) Subsidiary, Unveils Lineup for 2025 Country Stampede Festival Following Record-Breaking Black Friday Weekend

    globenewswire.com

    2024-12-04 08:20:00

    Overland Park, KS, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Kustom Entertainment, Inc. (“Kustom Entertainment”), a wholly owned subsidiary of Digital Ally, Inc. (Nasdaq: DGLY), is thrilled to announce the highly anticipated lineup for the 2025 Country Stampede Festival, set to take place June 26-28, 2025, at Azura Amphitheater in Bonner Springs, Kansas. Building on its reputation as one of the nation's premier country music festivals, the event promises a weekend of unforgettable performances by some of the biggest names in country music.

    https://images.financialmodelingprep.com/news/digital-ally-inc-receives-notification-of-deficiency-from-nasdaq-20241127.jpg
    Digital Ally, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

    globenewswire.com

    2024-11-27 16:20:00

    Lenexa, KS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on November 25, 2024, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Quarterly Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company's securities on Nasdaq.

    https://images.financialmodelingprep.com/news/digital-ally-advances-with-strong-sales-and-new-innovations-20241119.jpg
    Digital Ally Advances with Strong Sales and New Innovations

    globenewswire.com

    2024-11-19 09:45:00

    Lenexa, KS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY)(the “Company” or “Digital Ally”), a leading provider of video solutions that develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety, and event security, is forging ahead with cutting-edge innovations and strong leadership aimed at reshaping the future of security and efficiency in video technology systems.

    https://images.financialmodelingprep.com/news/clover-leaf-capital-corp-announces-adjournment-of-special-meeting-20241018.jpg
    Clover Leaf Capital Corp. Announces Adjournment of Special Meeting of Stockholders on Proposed Business Combination

    globenewswire.com

    2024-10-18 11:05:00

    MIAMI, FL and KANSAS CITY, KS, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Clover Leaf Capital Corp. (OTC: CLOE) (“CLOE” or “Clover Leaf”), a publicly traded special purpose acquisition company, and Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) today announced that on October 18, 2024, Clover Leaf convened and then adjourned, without conducting other business, its special meeting of its stockholders in lieu of its 2024 Annual Meeting of Stockholders (the “Meeting” ) to 10:00 a.m., Eastern Time on Friday, November 8, 2024. At the meeting, stockholders of Clover Leaf will be asked to vote on proposals to approve, among other things, its proposed initial business combination (the “Business Combination”) with Kustom Entertainment, Inc., a Nevada corporation (“Kustom Entertainment” or the “Company”), pursuant to an Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Clover Leaf, CL Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Clover Leaf (“Merger Sub”), Yntegra Capital Investments LLC, a Delaware limited liability company, in the capacity as the Purchaser Representative (as defined in the Merger Agreement) and Digital Ally, Inc., a Nevada corporation and the sole stockholder of the Company (“Digital Ally”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.

    https://images.financialmodelingprep.com/news/clover-leaf-capital-corp-announces-adjournment-of-special-meeting-20241011.jpg
    Clover Leaf Capital Corp. Announces Adjournment of Special Meeting of Stockholders on Proposed Business Combination

    globenewswire.com

    2024-10-11 16:12:00

    MIAMI, FL and KANSAS CITY, KS, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Clover Leaf Capital Corp. (OTC: CLOE) (“CLOE” or “Clover Leaf”), a publicly traded special purpose acquisition company, and Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) today announced that on October 11, 2024, Clover Leaf convened and then adjourned, without conducting other business, its special meeting of its stockholders in lieu of its 2024 Annual Meeting of Stockholders (the “Meeting” ) to 10:00 a.m., Eastern Time on Friday, October 18, 2024. At the meeting, stockholders of Clover Leaf will be asked to vote on proposals to approve, among other things, its proposed initial business combination (the “Business Combination”) with Kustom Entertainment, Inc., a Nevada corporation (“Kustom Entertainment” or the “Company”), pursuant to an Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Clover Leaf, CL Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Clover Leaf (“Merger Sub”), Yntegra Capital Investments LLC, a Delaware limited liability company, in the capacity as the Purchaser Representative (as defined in the Merger Agreement) and Digital Ally, Inc., a Nevada corporation and the sole stockholder of the Company (“Digital Ally”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.

    https://images.financialmodelingprep.com/news/clover-leaf-capital-corp-announces-adjournment-of-special-meeting-20240927.jpg
    Clover Leaf Capital Corp. Announces Adjournment of Special Meeting of Stockholders on Proposed Business Combination

    globenewswire.com

    2024-09-27 16:05:00

    MIAMI, FL and KANSAS CITY, KS, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE” or “Clover Leaf”), a publicly traded special purpose acquisition company, and Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) today announced that on September 27, 2024, Clover Leaf convened and then adjourned, without conducting other business, its special meeting of its stockholders in lieu of its 2024 Annual Meeting of Stockholders (the “Meeting” ) to 10:00 a.m., Eastern Time on Friday, October 11, 2024. At the meeting, stockholders of Clover Leaf will be asked to vote on proposals to approve, among other things, its proposed initial business combination (the “Business Combination”) with Kustom Entertainment, Inc., a Nevada corporation (“Kustom Entertainment” or the “Company”), pursuant to an Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Clover Leaf, CL Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Clover Leaf (“Merger Sub”), Yntegra Capital Investments LLC, a Delaware limited liability company, in the capacity as the Purchaser Representative (as defined in the Merger Agreement) and Digital Ally, Inc., a Nevada corporation and the sole stockholder of the Company (“Digital Ally”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.

    https://images.financialmodelingprep.com/news/clover-leaf-capital-corp-announces-adjournment-of-special-meeting-20240920.jpg
    Clover Leaf Capital Corp. Announces Adjournment of Special Meeting of Stockholders on Proposed Business Combination

    globenewswire.com

    2024-09-20 17:10:00

    MIAMI, FL and KANSAS CITY, KS, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE” or “Clover Leaf”), a publicly traded special purpose acquisition company, and Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) today announced that on September 20, 2024, Clover Leaf convened and then adjourned, without conducting other business, its special meeting of its stockholders in lieu of its 2024 Annual Meeting of Stockholders (the “Meeting” ) to 10:00 a.m., Eastern Time on Friday, September 27, 2024. At the meeting, stockholders of Clover Leaf will be asked to vote on proposals to approve, among other things, its proposed initial business combination (the “Business Combination”) with Kustom Entertainment, Inc., a Nevada corporation (“Kustom Entertainment” or the “Company”), pursuant to an Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Clover Leaf, CL Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Clover Leaf (“Merger Sub”), Yntegra Capital Investments LLC, a Delaware limited liability company, in the capacity as the Purchaser Representative (as defined in the Merger Agreement) and Digital Ally, Inc., a Nevada corporation and the sole stockholder of the Company (“Digital Ally”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.