Digital Ally announces 1-for-20 reverse stock split

Digital Ally (DGLY) announced a 1-for-20 reverse split of the Company’s common stock. The Company anticipates that the Common Stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis at the start of trading on May 7, 2025 and will have a new CUSIP number of 25382T309. At the Company’s annual meeting of stockholders held on December 17, 2024, the Company’s stockholders approved a proposal to amend the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of its common stock at a ratio within the range of 1-for-5 to 1-for-20, as determined by the Company’s Board of Directors. On April 10, 2025, the Company’s Board of Directors approved the 1-for-20 Reverse Stock Split.