Digital Ally Files S-1/A with Q3 2024 Financials
Ticker: KUST · Form: S-1/A · Filed: Feb 11, 2025 · CIK: 1342958
Sentiment: neutral
Topics: sec-filing, financials, s-1a
Related Tickers: DGLY
TL;DR
DIGITAL ALLY (DGLY) filed an S-1/A showing Q3 2024 financials. Check revenue trends.
AI Summary
Digital Ally, Inc. filed an S-1/A on February 11, 2025, detailing its financial performance. For the nine months ended September 30, 2024, the company reported revenue from products and services. The filing also references financial data for the full years 2023 and 2022, and the third quarter of 2024 compared to the same period in 2023.
Why It Matters
This filing provides investors with updated financial information for Digital Ally, Inc., crucial for assessing the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: medium — S-1/A filings are typically for companies undergoing significant financial events like stock offerings or reporting updated financial data, which can introduce volatility.
Key Numbers
- 2024-09-30 — Nine Months Ended (Reporting period for updated financial data)
- 2023-12-31 — Fiscal Year End (Previous full fiscal year data referenced)
- 2022-12-31 — Fiscal Year End (Prior full fiscal year data referenced)
Key Players & Entities
- Digital Ally, Inc. (company) — Filer of the S-1/A
- 0001493152-25-005949 (filing_id) — Accession number for the S-1/A filing
- 20250211 (date) — Filing date of the S-1/A
- 2024-09-30 (date) — End of the nine-month reporting period for 2024
- 2023-12-31 (date) — Fiscal year end for 2023
- 2022-12-31 (date) — Fiscal year end for 2022
FAQ
What is the primary purpose of this S-1/A filing by Digital Ally, Inc.?
The S-1/A filing on February 11, 2025, serves to update and provide financial information, including revenue from products and services for the nine months ended September 30, 2024, and references for full fiscal years 2023 and 2022.
What specific financial periods are covered in the data referenced by this filing?
The filing references the nine months ended September 30, 2024, the full fiscal years 2023 and 2022, and the third quarter of 2024 compared to the same period in 2023.
What is Digital Ally, Inc.'s Standard Industrial Classification (SIC) code?
Digital Ally, Inc.'s SIC code is 3663, which corresponds to RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT.
When was Digital Ally, Inc. incorporated and in which state?
Digital Ally, Inc. was incorporated in Nevada (NV).
What is the business address and phone number for Digital Ally, Inc. as listed in the filing?
The business address is 14001 MARSHALL DRIVE, LENEXA, KS 66215, and the business phone number is 913-232-5349.
Filing Stats: 4,636 words · 19 min read · ~15 pages · Grade level 15.1 · Accepted 2025-02-11 17:14:00
Key Financial Figures
- $0.2350 — is exercisable at an exercise price of $0.2350 per share (125% of the assumed public o
- $0.3760 — is exercisable at an exercise price of $0.3760 per share (200% of the assumed public o
- $0.1880 — at an assumed public offering price of $0.1880 per Unit, equal to the closing price of
- $0 — d to the public in this offering, minus $0.001, and the exercise price of each Pre
- $0.001 — rant included in the Pre-Funded Unit is $0.001 per share. The Pre-Funded Warrants will
- $0.145 — Capital Market on February 10, 2025 was $0.145 per share. There is no established trad
- $0.00001 — public offering price of one Unit (less $0.00001 allocated to each Warrant), as applicab
- $17,250,000 — ice to the public will be approximately $17,250,000, and the total net proceeds, before exp
- $15,547,507.46 — ibed above, to us will be approximately $15,547,507.46 (based upon an assumed public offering
- $200,000 — ts of its legal counsel in an amount of $200,000. See " Underwriting " beginning on page
- $3,600,000 — notes in aggregate principal amount of $3,600,000 issued as part of the Private Placement
Filing Documents
- forms-1a.htm (S-1/A) — 4686KB
- ex1-1.htm (EX-1.1) — 293KB
- ex107.htm (EX-FILING FEES) — 34KB
- forms-1_001.jpg (GRAPHIC) — 4KB
- 0001493152-25-005949.txt ( ) — 19830KB
- dgly-20240930.xsd (EX-101.SCH) — 127KB
- dgly-20240930_cal.xml (EX-101.CAL) — 152KB
- dgly-20240930_def.xml (EX-101.DEF) — 571KB
- dgly-20240930_lab.xml (EX-101.LAB) — 900KB
- dgly-20240930_pre.xml (EX-101.PRE) — 751KB
- forms-1a_htm.xml (XML) — 3620KB
BUSINESS
BUSINESS 63 MANAGEMENT 72 DIVIDEND POLICY 80 CERTAIN RELATIONS AND RELATED PERSON TRANSACTIONS 81 CAPITALIZATION 82
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 84
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 94
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 95
UNDERWRITING
UNDERWRITING 98 DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITY 101 EXPERTS 101 LEGAL MATTERS 101 WHERE YOU CAN FIND MORE INFORMATION 101 INDEX TO FINANCIAL STATEMENTS F-1 You should rely only on the information contained in this prospectus or any prospectus supplement or amendment. Neither we, nor the underwriter, have authorized any other person to provide you with information that is different from, or adds to, that contained in this prospectus. If anyone provides you with different or inconsistent information, you should not rely on it. Neither we nor the underwriter take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. You should assume that the information contained in this prospectus or any free writing prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. We are not making an offer of any securities in any jurisdiction in which such offer is unlawful. No action is being taken in any jurisdiction outside the United States to permit a public offering of our securities or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are required to inform themselves about and to observe any restrictions as to this public offering and the distribution of this prospectus applicable to that jurisdiction. i ABOUT THIS PROSPECTUS You should carefully read this prospectus before deciding to invest in our securities. Neither we nor Aegis have authorized anyone to provide you with information different from or inconsistent with the information contained in this prospectus. We take no responsibility for, and can provide no assurance