Digital Ally Files Definitive Proxy Statement

TL;DR

Digital Ally just dropped its proxy statement. Shareholders, get ready to vote.

AI Summary

Digital Ally, Inc. filed a definitive proxy statement (DEF 14A) on July 23, 2024. The filing concerns the company's proxy materials, which are typically used to solicit shareholder votes for annual meetings or specific corporate actions. No specific proposals or financial details beyond the filing type are immediately apparent from this initial header information.

Why It Matters

This filing indicates that Digital Ally is preparing to solicit shareholder votes, which could lead to significant corporate decisions or changes.

Risk Assessment

Risk Level: low — This is a standard regulatory filing (DEF 14A) and does not inherently indicate new risks for the company or investors.

Key Players & Entities

• Digital Ally, Inc. (company) — Registrant
• 20240723 (date) — Filing Date
• 14001 Marshall Drive Lenexa, Kansas 66215 (address) — Company Address

FAQ

Key Financial Figures

• $0.001 — nding shares of common stock, par value $0.001 per share (the “Common Stock&rdqu
• $2.9 m — gregate gross proceeds of approximately $2.9 million, before deducting fees to the pla
• $2.51 — uo;Units”) at a purchase price of $2.51 per unit (less $0.0001 per pre-funded u
• $0.0001 — purchase price of $2.51 per unit (less $0.0001 per pre-funded unit). Each Unit consist

Filing Documents

• formdef14a.htm (DEF 14A) — 166KB
• formdef14a_001.jpg (GRAPHIC) — 4KB
• formdef14a_002.jpg (GRAPHIC) — 2KB
• formdef14a_003.jpg (GRAPHIC) — 2KB
• formdef14a_004.jpg (GRAPHIC) — 2KB
• formdef14a_005.jpg (GRAPHIC) — 1KB
• formdef14a_006.jpg (GRAPHIC) — 39KB
• formdef14a_007.jpg (GRAPHIC) — 38KB
• 0001493152-24-028809.txt ( ) — 288KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 5 Proposal One: Approval of the Nasdaq Proposal 6 Summary 6 Background 6 Effect on Issuance of Additional Shares 8 Nasdaq Marketplace Requirements and the Necessity of Stockholder Approval 8 Additional Information 8 Vote Required and Recommendation 8 Future Stockholder Proposals 9 Other Matters 9 Cautionary Note Regarding Forward Looking Statements Certain Private Securities Litigation Reform Act of 1995. In particular, these forward-looking statements include, among others, statements about, opportunities for and growth of our business, our plans regarding product development and enhancements, and our expectations regarding profitability. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect,” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking

forward-looking statements

forward-looking statements. DIGITAL ALLY, INC. PROXY FOR A SPECIAL MEETING OF STOCKHOLDERS INFORMATION CONCERNING SOLICITATION AND VOTING General The enclosed proxy is solicited on behalf of the Board of Directors of Digital Ally, Inc., a Nevada corporation, (referred to in this Proxy with the solicitation of proxies by our Board of Directors (the “Board” or “Board of Directors”) for use at a Special Meeting of Stockholders (the “Special Meeting”) to be held on Friday, August 23, 2024 at 1:00 p.m., ET, or at any adjournment or postponement thereof, for the purposes set forth herein and in the accompanying notice of Special Meeting of Stockholders. The Special Meeting will be held at our corporate facility, located at 14001 Marshall Drive, Lenexa, Kansas, 66215. The telephone number at that location is (913) 814-7774. Voting materials, which include this Proxy Statement and the enclosed proxy card, will be first mailed to stockholders on or about July 26, 2024. Stanton E. Ross is named as attorney-in-fact in the proxy. Mr. Ross is our Chairman of the Board, and Chief Executive Officer. Mr. Ross will vote all shares represented by properly executed proxies returned in time to be counted at the Special Meeting, as described below. Where a vote has been specified in the proxy with respect to the matters identified in the Notice of the Special Meeting, the shares represented by the proxy will be voted in accordance with those voting specifications. If no voting instructions are indicated, your shares will be voted as recommended by the Board of Directors on all matters, and as the proxy holder may determine in his discretion with respect to any other matters properly presented for a vote before the Special Meeting. The stockholders will consider and vote upon a proposal

View Full Filing

View this DEF 14A filing on SEC EDGAR