Digital Ally (DGLY) Prices 14.3M Share Registered Direct Offering at $2.80/Sh

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Go back to Digital Ally (DGLY) Prices 14.3M Share Registered Direct Offering at $2.80/Sh

Digital Ally, Inc. Announces Pricing of $40.04 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

January 27, 2021 8:23 PM EST

LENEXA, KANSAS, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Digital Ally, Inc., (NASDAQ: DGLY) (the "Company"), which develops, manufactures and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and security, today announced that it has entered into a securities purchase agreement with institutional investors for the issuance and sale of 14,300,000 its shares of common stock (pursuant to the direct sale of shares of the Companys common stock and pre-funded warrants issuable to investors who would, otherwise, beneficially own more than 9.99% of the Companys... More