Digital Ally Files 8-K: Material Agreement and Financials
Ticker: KUST · Form: 8-K · Filed: Mar 5, 2024 · CIK: 1342958
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, filing
TL;DR
Digital Ally signs new deal, files 8-K with financials.
AI Summary
On March 5, 2024, Digital Ally, Inc. entered into a material definitive agreement related to a financial obligation. The company also reported other events and filed financial statements and exhibits as part of this 8-K filing.
Why It Matters
This filing indicates a significant financial event or obligation for Digital Ally, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing details a material definitive agreement and financial obligations, which inherently carry financial risks for the company.
Key Players & Entities
- Digital Ally, Inc. (company) — Registrant
- March 5, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Digital Ally, Inc.?
The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this summary.
What other items are reported in this 8-K filing?
In addition to the material definitive agreement, the filing also reports on other events and includes financial statements and exhibits.
When was this 8-K filing submitted?
This 8-K filing was submitted on March 5, 2024.
What is Digital Ally, Inc.'s principal executive office address?
Digital Ally, Inc.'s principal executive offices are located at 14001 Marshall Drive, Lenexa, KS 66215.
Under which state is Digital Ally, Inc. incorporated?
Digital Ally, Inc. is incorporated in Nevada.
Filing Stats: 1,312 words · 5 min read · ~4 pages · Grade level 11.5 · Accepted 2024-03-05 08:30:22
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value DGLY The Nasdaq Capital M
- $1,425,000 — he " Note ") with a principal amount of $1,425,000. In connection with the Agreement, the
- $1,000,000, b — . The gross proceeds to the Company are $1,000,000, before paying customary fees and expenses
- $3,000,000 — nd extraordinary receipts are less than $3,000,000, the Borrowers shall prepay an amount e
- $542,959.15 — Hundred Fifty Nine and 15/100 Dollars ($542,959.15), with the sum of Four Hundred Thousand
- $400,000.00 — e sum of Four Hundred Thousand Dollars ($400,000.00) to be paid at the time of closing (" C
Filing Documents
- form8-k.htm (8-K) — 49KB
- ex10-1.htm (EX-10.1) — 29KB
- ex10-2.htm (EX-10.2) — 300KB
- ex10-3.htm (EX-10.3) — 277KB
- ex10-4.htm (EX-10.4) — 359KB
- ex99-1.htm (EX-99.1) — 16KB
- ex99-1_001.jpg (GRAPHIC) — 32KB
- 0001493152-24-008787.txt ( ) — 1408KB
- dgly-20240305.xsd (EX-101.SCH) — 3KB
- dgly-20240305_lab.xml (EX-101.LAB) — 33KB
- dgly-20240305_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 5, 2024 Digital Ally, Inc. By: /s/ Stanton E. Ross Name: Stanton E. Ross Title: Chairman and Chief Executive Officer