Digital Ally Inc Stock Price, News & Analysis

Digital Ally (NASDAQ: DGLY) announced a significant order from the Danville Police Department, comprising 26 FirstVu HD body cameras, 16 DVM-800 in-car systems, and 23 VuLink auto-activation devices. This partnership highlights Digital Ally's role as a key provider of integrated video solutions for law enforcement, emphasizing its patented technology designed to enhance transparency. Chief Chris Yates expressed confidence in Digital Ally’s offerings, noting the comprehensive video ecosystem that meets the department's needs for safety and accountability.

Digital Ally, Inc. (NASDAQ: DGLY) has launched a new E-commerce site, shieldcleansers.com, to meet the increased demand for its Shield brand disinfectants and cleansers, which are less harsh and effective. The active ingredient, Hypochlorous Acid, is listed on the EPA List N as effective against SARS-CoV-2. The company also introduced ThermoVu, a non-contact temperature measuring device. The launch is accompanied by a nationwide marketing campaign targeting law enforcement and commercial clients.

Digital Ally, Inc. (NASDAQ: DGLY) continues its sponsorship in racing, featuring its Shield™ Cleansers as a co-primary sponsor of Spencer Pigot's No. 45 car in the GMR Grand Prix at Indianapolis. This partnership is integral to their marketing strategy, leveraging national TV exposure to promote their products. The company has launched ThermoVuä, a non-contact temperature-measuring tool, and Shieldä Cleanser, aimed at addressing increased safety needs during the Covid-19 pandemic. Digital Ally aims to enhance awareness of its body cameras and safety products as vital tools for law enforcement and public safety.

Digital Ally, Inc. (DGLY) has regained compliance with Nasdaq's minimum bid price requirement, achieving a closing price above $1.00 for ten consecutive trading days. The company received official notice from Nasdaq on June 12, 2020, confirming that the issue is now resolved. Previously, on April 22, 2020, Digital Ally was notified of non-compliance due to its stock price falling below $1.00 for 30 consecutive business days. The closing price on June 11, 2020, was $4.15, marking a significant recovery in the stock's performance.

Digital Ally, Inc. (DGLY), a leader in advanced video recording products for law enforcement and safety, has successfully closed a public offering of 2,325,581 shares at $2.15 each, raising approximately $5.4 million. The offering included an over-allotment option of 213,953 shares. The funds will be allocated towards working capital, product development, and general corporate purposes. Aegis Capital Corp. served as the sole book-running manager for this offering, which was conducted under an effective SEC registration statement.

Digital Ally (NASDAQ: DGLY) has launched a new body camera subscription program to meet the growing demand for video evidence technology among law enforcement and first responders. The initiative aims to address funding challenges faced by many departments, offering flexible payment options, including packages that require no down payment. CEO Stan Ross emphasized the critical importance of body cameras for safety and accountability. The program will implement Digital Ally's FirstVu Body Camera and additional features like VuLink auto-activation technology.

Digital Ally, Inc. (DGLY) announced a public offering of 2,325,581 shares of common stock at $2.15 per share, aiming to raise approximately $5 million in gross proceeds. The funds will be allocated for working capital, product development, and order fulfillment. The offering is set to close on June 10, 2020, and includes a 45-day option for the underwriter to purchase an additional 213,953 shares. Aegis Capital Corp. is the sole book-running manager for this offering, which is under an effective shelf registration statement.

Digital Ally, Inc. (DGLY) announced the completion of a public offering of 3,090,909 shares at $1.65 each, generating approximately $5.1 million in gross proceeds. These funds will be utilized for working capital, product development, order fulfillment, and other corporate purposes. The underwriter, Aegis Capital Corp., has a 45-day option to acquire an additional 463,636 shares. This offering is part of an effective shelf registration statement previously filed with the SEC.

Digital Ally (NASDAQ: DGLY) has launched two product lines in response to heightened safety measures due to the Covid-19 pandemic. The ThermoVu™ is a non-contact thermometer that facilitates temperature screening and access control in public venues. It features facial recognition and immediate feedback on temperature readings. Additionally, the company introduced Shield™, an EPA Category IV disinfectant and sanitizer, safe for use without protective gear. Both innovations aim to meet public health needs while ensuring compliance with regulations.