Digital Ally Completes Asset Acquisition
Ticker: KUST · Form: 8-K · Filed: Aug 14, 2024 · CIK: 1342958
Sentiment: neutral
Topics: acquisition, assets
TL;DR
Digital Ally just bought some assets, details TBD.
AI Summary
On August 12, 2024, Digital Ally, Inc. completed the acquisition of certain assets from a third party. The filing does not disclose the specific assets acquired or the purchase price, but it marks a significant event for the company's operational expansion.
Why It Matters
This acquisition could expand Digital Ally's product or service offerings, potentially leading to increased revenue and market share.
Risk Assessment
Risk Level: medium — The lack of specific details regarding the acquired assets and their financial impact introduces uncertainty.
Key Players & Entities
- Digital Ally, Inc. (company) — Registrant
FAQ
What specific assets did Digital Ally, Inc. acquire?
The filing does not specify the exact assets acquired in the transaction.
What was the purchase price or consideration for the asset acquisition?
The filing does not disclose the financial terms or the amount paid for the acquired assets.
When did the asset acquisition officially close?
The acquisition was completed on August 12, 2024.
What is the business address of Digital Ally, Inc.?
The principal executive offices of Digital Ally, Inc. are located at 14001 Marshall Drive, Lenexa, KS 66215.
What is the SIC code for Digital Ally, Inc.?
The Standard Industrial Classification (SIC) code for Digital Ally, Inc. is 3663, which pertains to RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT.
Filing Stats: 440 words · 2 min read · ~1 pages · Grade level 11.5 · Accepted 2024-08-14 08:28:34
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value DGLY The Nasdaq Capital M
- $5,900,000.00 — ne hundred thousand and 00/100 dollars ($5,900,000.00), exclusive of closing costs. On August
Filing Documents
- form8-k.htm (8-K) — 35KB
- 0001493152-24-031895.txt ( ) — 202KB
- dgly-20240812.xsd (EX-101.SCH) — 3KB
- dgly-20240812_lab.xml (EX-101.LAB) — 33KB
- dgly-20240812_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: August 14, 2024 Digital Ally, Inc. By: /s/ Stanton E. Ross Name: Stanton E. Ross Title: Chairman and Chief Executive Officer