Digital Ally Receives Positive Listing Determination from Nasdaq
Digital Ally (NASDAQ: DGLY) has received a positive determination from the Nasdaq Hearings Panel regarding its continued listing on the Nasdaq Stock Market. The company must meet specific criteria to maintain its listing, including achieving $2.5 million in stockholders' equity by May 20, 2025, and maintaining a $1.00 minimum bid price by June 6, 2025. These requirements, along with other listing criteria, must be maintained through September 2, 2025. While the company is working to meet these conditions, there is no guarantee of success.
Digital Ally (NASDAQ: DGLY) ha ricevuto una decisione positiva dal Nasdaq Hearings Panel riguardo al suo mantenimento della quotazione sul Nasdaq Stock Market. L'azienda deve soddisfare criteri specifici per conservare la quotazione, inclusi il raggiungimento di 2,5 milioni di dollari di patrimonio netto entro il 20 maggio 2025 e il mantenimento di un prezzo minimo di offerta di 1,00 dollaro entro il 6 giugno 2025. Questi requisiti, insieme ad altri criteri di quotazione, devono essere rispettati fino al 2 settembre 2025. Sebbene l'azienda stia lavorando per soddisfare queste condizioni, non vi è alcuna garanzia di successo.
Digital Ally (NASDAQ: DGLY) ha recibido una decisión favorable del Nasdaq Hearings Panel respecto a su continuidad en la cotización del Nasdaq Stock Market. La compañía debe cumplir con criterios específicos para mantener su cotización, incluyendo alcanzar 2,5 millones de dólares en patrimonio neto para el 20 de mayo de 2025 y mantener un precio mínimo de oferta de 1,00 dólar para el 6 de junio de 2025. Estos requisitos, junto con otros criterios de cotización, deben mantenerse hasta el 2 de septiembre de 2025. Aunque la empresa está trabajando para cumplir con estas condiciones, no hay garantía de éxito.
Digital Ally (NASDAQ: DGLY)는 나스닥 상장 유지에 관한 나스닥 청문위원회로부터 긍정적인 결정을 받았습니다. 회사는 상장을 유지하기 위해 2025년 5월 20일까지 250만 달러의 주주 자본을 달성하고, 2025년 6월 6일까지 최소 입찰가 1.00달러를 유지하는 등 특정 기준을 충족해야 합니다. 이 요건들은 다른 상장 기준과 함께 2025년 9월 2일까지 유지되어야 합니다. 회사는 이 조건들을 충족하기 위해 노력하고 있지만, 성공을 보장할 수는 없습니다.
Digital Ally (NASDAQ : DGLY) a reçu une décision favorable du Nasdaq Hearings Panel concernant le maintien de sa cotation sur le Nasdaq Stock Market. La société doit remplir des critères spécifiques pour conserver sa cotation, notamment atteindre 2,5 millions de dollars de capitaux propres d'ici le 20 mai 2025 et maintenir un prix minimum d'offre de 1,00 dollar d'ici le 6 juin 2025. Ces exigences, ainsi que d'autres critères de cotation, doivent être respectées jusqu'au 2 septembre 2025. Bien que la société travaille à satisfaire ces conditions, aucun succès n'est garanti.
Digital Ally (NASDAQ: DGLY) hat vom Nasdaq Hearings Panel eine positive Entscheidung bezüglich der Fortführung der Notierung an der Nasdaq Stock Market erhalten. Das Unternehmen muss bestimmte Kriterien erfüllen, um die Notierung zu behalten, darunter die Erreichung von 2,5 Millionen US-Dollar Eigenkapital bis zum 20. Mai 2025 und die Aufrechterhaltung eines Mindestgebotspreises von 1,00 US-Dollar bis zum 6. Juni 2025. Diese Anforderungen sowie weitere Notierungskriterien müssen bis zum 2. September 2025 eingehalten werden. Obwohl das Unternehmen daran arbeitet, diese Bedingungen zu erfüllen, gibt es keine Erfolgsgarantie.
- Received positive determination from Nasdaq Hearings Panel for continued listing
- Company granted extension period to meet listing requirements
- Must achieve $2.5M stockholders' equity requirement by May 20, 2025
- Must maintain $1.00 minimum bid price by June 6, 2025
- Risk of delisting if requirements are not met
- Current stockholders' equity likely below required threshold
Overland Park, KS, May 07, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today reported that by decision dated May 1, 2025, the Nasdaq Hearings Panel (the “Panel”) granted the Company’s request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”). The Company’s continued listing on Nasdaq is subject to, among other conditions, the Company’s compliance with certain criteria for continued listing on The Nasdaq Capital Market, namely the
The Company continues to diligently work to evidence compliance with all applicable criteria for continued listing on Nasdaq and timely satisfy the terms of the Panel’s decision. There can be no assurance, however, that the Company will be able to do so.
About Digital Ally
Digital Ally Companies (NASDAQ: DGLY) through its subsidiaries, are engaged in video solution technology, human & animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, event production and jet chartering. Digital Ally continues to add organizations that demonstrate the common traits of positive earnings, growth potential, innovation and organizational synergies.
For additional news and information please visit www.digitalally.com
Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today’s date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company’s periodic filings with the U.S. Securities and Exchange Commission, including, without limitation, the risks described in the Company’s 2024 Annual Report on Form 10-K under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information.
Contact Information
Stanton Ross, CEO
Tom Heckman, CFO
Digital Ally, Inc.
913-814-7774
info@digitalallyinc.com
FAQ
What requirements must DGLY meet to maintain Nasdaq listing?
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