Digital Ally Announces Reverse Stock Split

Company Announcement - Digital Ally, Inc. announced a 1-for-20 reverse stock split of its common stock, which will begin trading on a split-adjusted basis on May 7, 2025 [1] - The reverse stock split was approved by stockholders at the annual meeting held on December 17, 2024, with the Board of Directors determining the specific ratio [2] Stockholder Information - Securities Transfer Corporation will provide instructions to stockholders regarding the exchange of stock certificates, while those holding shares in book-entry form or brokerage accounts do not need to take any action [3] Company Overview - Digital Ally operates in various sectors including video solution technology, health protection products, healthcare revenue cycle management, ticket brokering, event production, and jet chartering, focusing on organizations with positive earnings and growth potential [4]