Momentum Stock Digital Ally (DGLY) Sees Early Pressure on $4M Private Placement
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Digital Ally (DGLY) Adds to Gains on Police Body-Worn Camera Potential
August 29, 2014 7:30 AM EDTDigital Ally (NASDAQ: DGLY) remains on watch after gaining 36% Thursday and 366% since August 18th on the 'on-officer' camera potential in the wake of the Ferguson, Missouri events. Shares are up 8.4% in pre-open trade.
Yesterday, the company announced an order from the State... More
Digital Ally (DGLY) Announces $1.1M+ Order from State of Michigan
August 28, 2014 7:33 AM EDTDigital Ally (NASDAQ: DGLY) announced the receipt of an order valued at more than $1.1 million from the State of Michigan.
On December 3, 2013, Digital Ally announced that the Michigan State Administrative Board had approved appropriations for a one-year extension of its statewide contract with the Company, along with the expenditure of an additional $1.0 million for purchase of the Company's DVM-500Plus In-Car-Video Systems.... More
TASER (TASR) Off Lows; Secondary Offering Appears Unlikely
August 27, 2014 1:22 PM EDTTASER International (NASDAQ: TASR) shares are recovering after trading lower earlier amid a private placement from 'on-officer' camera peer Digital Ally (NASDAQ: DGLY) and word TASER would follow suit with its own secondary offering. With... More
Digital Ally (DGLY) Enters $4M Conv. Notes Private Placement
August 27, 2014 9:14 AM EDTOn August 25, 2014, Digital Ally (Nasdaq: DGLY) entered into definitive agreements relating to a private placement (the Private Placement) of a $4.0 million principal amount Senior Secured Convertible Note (the Note). The closing of the Private Placement is expected to occur within the next two weeks. The Private Placement is being made pursuant to a letter of intent between the parties entered into on August 22, 2014. The Note will be issued pursuant to a Securities Purchase Agreement, dated August 25, 2014, between the Company and a certain investment... More
