Digital Ally Files S-1 for Public Offering
Ticker: KUST · Form: S-1 · Filed: Jan 24, 2025 · CIK: 1342958
| Field | Detail |
|---|---|
| Company | Digital Ally, INC. (KUST) |
| Form Type | S-1 |
| Filed Date | Jan 24, 2025 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0, $0.001, $0.4000, $225,000, $3,600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: S-1, public-offering, filing
TL;DR
Digital Ally just filed an S-1, looks like they're raising cash via stock sale.
AI Summary
Digital Ally, Inc. filed an S-1 form on January 24, 2025, indicating a public offering of its securities. The company, based in Lenexa, Kansas, operates in the Radio & TV Broadcasting & Communications Equipment sector. This filing suggests the company is seeking to raise capital through the sale of stock.
Why It Matters
This S-1 filing signals Digital Ally's intent to access public markets for funding, which could fuel expansion, product development, or debt repayment.
Risk Assessment
Risk Level: medium — S-1 filings often precede significant corporate actions like stock offerings, which carry inherent market and execution risks.
Key Numbers
- 136 — Public Document Count (Indicates the volume of documentation associated with this filing.)
- 20250124 — Filing Date (The date the S-1 form was officially submitted to the SEC.)
Key Players & Entities
- DIGITAL ALLY, INC. (company) — Filer of the S-1
- 20250124 (date) — Filing date
- Lenexa, KS (location) — Company headquarters
- 333-284448 (dollar_amount) — SEC File Number
FAQ
What is the purpose of this S-1 filing for Digital Ally, Inc.?
The S-1 filing indicates Digital Ally, Inc.'s intention to conduct a public offering of its securities, likely to raise capital.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted on January 24, 2025.
Where is Digital Ally, Inc. headquartered?
Digital Ally, Inc. is headquartered at 14001 Marshall Drive, Lenexa, KS 66215.
What is the Standard Industrial Classification (SIC) code for Digital Ally, Inc.?
The SIC code for Digital Ally, Inc. is 3663, which corresponds to RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT.
What is the SEC File Number associated with this filing?
The SEC File Number associated with this filing is 333-284448.
Filing Stats: 4,666 words · 19 min read · ~16 pages · Grade level 15.7 · Accepted 2025-01-24 06:16:21
Key Financial Figures
- $0 — d to the public in this offering, minus $0.0001, and the exercise price of each Pr
- $0.001 — rant included in the Pre-Funded Unit is $0.001 per share. The Pre-Funded Warrants will
- $0.4000 — Capital Market on January 22, 2025 was $0.4000 per share. There is no established trad
- $225,000 — ts of its legal counsel in an amount of $225,000. See " Plan of Distribution " beginning
- $3,600,000 — notes in aggregate principal amount of $3,600,000 issued as part of the Private Placement
Filing Documents
- forms-1.htm (S-1) — 4655KB
- ex23-1.htm (EX-23.1) — 4KB
- ex107.htm (EX-FILING FEES) — 34KB
- forms-1_001.jpg (GRAPHIC) — 4KB
- logo_001.jpg (GRAPHIC) — 27KB
- 0001493152-25-003451.txt ( ) — 19506KB
- dgly-20240930.xsd (EX-101.SCH) — 133KB
- dgly-20240930_cal.xml (EX-101.CAL) — 152KB
- dgly-20240930_def.xml (EX-101.DEF) — 571KB
- dgly-20240930_lab.xml (EX-101.LAB) — 890KB
- dgly-20240930_pre.xml (EX-101.PRE) — 751KB
- forms-1_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 PLAN OF DISTRIBUTION 98 DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITY 101 EXPERTS 101 LEGAL MATTERS 101 INFORMATION INCORPORATED BY REFERENCE 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 or incorporated by reference. Neither we, nor the placement agent, 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 placement agent 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