DIGITAL ALLY PRICES $2.9 MILLION UNDERWRITTEN PUBLIC OFFERING OF COMMON STOCK
The proposed offering equates to 2,521,740 shares of the Companys common stock at a price of $1.15 per share.
- The proposed offering equates to 2,521,740 shares of the Companys common stock at a price of $1.15 per share.
- The Company intends to use the net proceeds from this offering to fund the repayment of debt and for general corporate purposes.
- In addition, the Company expects to grant the underwriter a 45-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering to cover over-allotments, if any.
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