Digital Ally Prices $15 Million Public Offering; Shares Plunge

MT Newswires Live02-14

Digital Ally (DGLY) said Thursday it has priced a public offering, with gross proceeds expected to be about $15 million.

The offering includes 100 million units or pre-funded units, each consisting of one common share or one pre-funded warrant, one Series A warrant to buy one common share at $0.1875 per share, and one Series B warrant to buy one common share at $0.300 per share. The price per unit is $0.15 or $0.149 for pre-funded units.

Pre-funded warrants can be exercised immediately. The Series A warrants will be exercisable after stockholder approval, and they expire in five years. The Series B warrants are also exercisable after stockholder approval and expire in 2.5 years, the company said.

The company added that it granted the sole book-running manager a 45-day option to buy additional shares or warrants. The transaction is set to close by Friday, pending customary conditions. The company plans to use the funds for general corporate purposes and working capital.

Shares of Digital Ally plunged nearly 52% in recent trading.

Price: 0.08, Change: -0.08, Percent Change: -51.61

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2511352240?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-14 00:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2511352240","market":"fut","top_or_hot":-1,"title":"Digital Ally Prices $15 Million Public Offering; Shares Plunge","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/DGLY\">Digital Ally</a> (DGLY) said Thursday it has priced a public offering, with gross proceeds expected to be about $15 million.</p><p>The offering includes 100 million units or pre-funded units, each consisting of one common share or one pre-funded warrant, one Series A warrant to buy one common share at $0.1875 per share, and one Series B warrant to buy one common share at $0.300 per share. The price per unit is $0.15 or $0.149 for pre-funded units.</p><p>Pre-funded warrants can be exercised immediately. The Series A warrants will be exercisable after stockholder approval, and they expire in five years. The Series B warrants are also exercisable after stockholder approval and expire in 2.5 years, the company said.</p><p>The company added that it granted the sole book-running manager a 45-day option to buy additional shares or warrants. The transaction is set to close by Friday, pending customary conditions. The company plans to use the funds for general corporate purposes and working capital.</p><p>Shares of Digital Ally plunged nearly 52% in recent trading.</p><p>Price: 0.08, Change: -0.08, Percent Change: -51.61</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Digital Ally Prices $15 Million Public Offering; Shares Plunge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDigital Ally Prices $15 Million Public Offering; Shares Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-14 00:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/DGLY\">Digital Ally</a> (DGLY) said Thursday it has priced a public offering, with gross proceeds expected to be about $15 million.</p><p>The offering includes 100 million units or pre-funded units, each consisting of one common share or one pre-funded warrant, one Series A warrant to buy one common share at $0.1875 per share, and one Series B warrant to buy one common share at $0.300 per share. The price per unit is $0.15 or $0.149 for pre-funded units.</p><p>Pre-funded warrants can be exercised immediately. The Series A warrants will be exercisable after stockholder approval, and they expire in five years. The Series B warrants are also exercisable after stockholder approval and expire in 2.5 years, the company said.</p><p>The company added that it granted the sole book-running manager a 45-day option to buy additional shares or warrants. The transaction is set to close by Friday, pending customary conditions. The company plans to use the funds for general corporate purposes and working capital.</p><p>Shares of Digital Ally plunged nearly 52% in recent trading.</p><p>Price: 0.08, Change: -0.08, Percent Change: -51.61</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4157","symbol_name":"电子设备和仪器","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2511352240","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511352240","pubTimestamp":1739462907,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Digital Ally  said Thursday it has priced a public offering, with gross proceeds expected to be about $15 million.The offering includes 100 million units or pre-funded units, each consisting of one common share or one pre-funded warrant, one Series A warrant to buy one common share at $0.1875 per share, and one Series B warrant to buy one common share at $0.300 per share. The price per unit is $0.15 or $0.149 for pre-funded units.Pre-funded warrants can be exercised immediately. The Series A warrants will be exercisable after stockholder approval, and they expire in five years. The Series B warrants are also exercisable after stockholder approval and expire in 2.5 years, the company said.The company added that it granted the sole book-running manager a 45-day option to buy additional shares or warrants. The transaction is set to close by Friday, pending customary conditions. The company plans to use the funds for general corporate purposes and working capital.Shares of Digital Ally plu","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4157":"电子设备和仪器","DGLY":"Digital Ally"},"translate_title":"Digital Ally公开发行定价1500万美元；股价暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DGLY":1},"content_text":"Digital Ally (DGLY) said Thursday it has priced a public offering, with gross proceeds expected to be about $15 million.The offering includes 100 million units or pre-funded units, each consisting of one common share or one pre-funded warrant, one Series A warrant to buy one common share at $0.1875 per share, and one Series B warrant to buy one common share at $0.300 per share. The price per unit is $0.15 or $0.149 for pre-funded units.Pre-funded warrants can be exercised immediately. The Series A warrants will be exercisable after stockholder approval, and they expire in five years. The Series B warrants are also exercisable after stockholder approval and expire in 2.5 years, the company said.The company added that it granted the sole book-running manager a 45-day option to buy additional shares or warrants. The transaction is set to close by Friday, pending customary conditions. The company plans to use the funds for general corporate purposes and working capital.Shares of Digital Ally plunged nearly 52% in recent trading.Price: 0.08, Change: -0.08, Percent Change: -51.61","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2511352240","isCrawlerRequest":true}