Digital Ally Inc Stock Price, News & Analysis

Digital Ally, Inc. (DGLY) announced a strategic partnership between its subsidiary Shield Products and Healers PetCare to enhance pet health solutions. This collaboration aims to expand Shield's product line, which includes natural, all-purpose topicals effective for animal wellness. Healers PetCare, known for its innovative pet products, will showcase these offerings at the Global Pet Expo from March 22-24 in Orlando, Florida. Shield's key products include EPA-registered disinfectants and FDA-cleared first aid solutions, reinforcing the company's commitment to pet health and safety.

RedChip Companies announced that interviews featuring Rail Vision Ltd. (RVSN), Aridis Pharmaceuticals, Inc. (ARDS), and Digital Ally, Inc. (DGLY) will be aired on The RedChip Money Report on Bloomberg TV on February 18, 2023, at 7 p.m. ET. This program reaches approximately 73 million homes across the U.S., offering significant exposure for the companies involved. Rail Vision aims to enhance railway safety and efficiency through AI technology, while Aridis focuses on developing innovative anti-infectives. Digital Ally engages in video solutions and health protection products, expanding its business through strategic acquisitions.

Digital Ally, through its subsidiary Shield Products, has announced the continuation of its Certified Clean Program in partnership with Goodcents restaurants. This initiative will implement non-contact temperature checks and enhance cleaning protocols using Shield Disinfectant Sanitizer. The program aims to ensure the safety of employees and customers, reflecting a commitment to cleanliness. Additionally, a strategic alliance with Trust Think Products has been formed to further promote health safety through natural solutions. Shield's products are made in the U.S. and are safe for food preparation areas.

Digital Ally (NASDAQ: DGLY) announced a 1-for-20 reverse stock split, effective February 8, 2023. The decision followed stockholder approval during the annual meeting on December 7, 2022. The company's Board of Directors finalized the split on January 13, 2023. This move aims to enhance the stock's marketability and regain compliance with NASDAQ listing standards. Shareholders will receive instructions for exchanging stock certificates, while those holding shares in brokerage accounts will not need to take action. The new CUSIP number for the split-adjusted stock is 25382T200.

Digital Ally, Inc. (NASDAQ:DGLY) will feature in an upcoming interview on The RedChip Money Report airing on Bloomberg TV on February 4, at 7 p.m. ET. CEO Stan Ross will discuss significant business developments, including an impressive 83% year-over-year revenue increase and recent acquisitions that are driving growth. The interview highlights strategic partnerships enhancing market presence.

Bloomberg TV reaches approximately 73 million households across the U.S., providing a broad platform for Digital Ally to showcase its advancements in video recording and safety products aimed at law enforcement and emergency management.

Digital Ally (NASDAQ: DGLY) announced on January 24, 2023, that it has secured an order from Cherokee County, Kansas, for upgraded body-worn and in-car camera systems, including the FirstVu Pro and EVO HD. This acquisition is facilitated through Digital Ally’s five-year subscription program. The FirstVu PRO features include live GPS tracking, remote activation, a full-color touchscreen, and robust video capabilities. The demand for the FirstVu PRO has been strong since its launch in Q1 2022, with over 200 subscription agreements established since early 2020.

Digital Ally, Inc. (NASDAQ:DGLY) will be featured on The RedChip Money Report airing on Bloomberg TV on January 21, 2023, at 7 p.m. ET. The interview will highlight the Company’s roll-up strategy, subscription model for recurring revenue, and partnership with NASCAR, alongside a planned product line expansion for 2023. This segment reaches approximately 73 million homes across the U.S. Digital Ally engages in video solution technology and healthcare revenue cycle management, aiming for growth through strategic acquisitions. For more details, view the full interview here.

Digital Ally, Inc. (NASDAQ: DGLY) has expanded its partnership with MetLife Stadium, deploying 70 FirstVu PRO body cameras and three QuickVu docking stations. This enhances the security and customer experience at the stadium, home to the New York Jets and Giants. The FirstVu PRO features include live GPS tracking, remote activation, and full HD recording capabilities. The cameras are integrated with the EVO Web cloud platform for centralized evidence management. This collaboration emphasizes safety and innovation in sports venues.

Kustom Entertainment, Inc., a new subsidiary of Digital Ally (NASDAQ: DGLY), will oversee TicketSmarter and Kustom 440. A corporate spin-off is planned for H1 2023 to launch a separate publicly traded entity centered on live events and ticketing. The merger aims to enhance entertainment partnerships and event production. Digital Ally and TicketSmarter plan to announce their first concert festival on December 16. TicketSmarter has sold over 48 million tickets in the last decade, focusing on secure and trustworthy ticket transactions.