Digital Ally Inc Will Distribute To Its Shareholders 15% Of Shares Obtained In Kustom Entertainment Immediately Following Closing Of Merger
Portfolio Pulse from Happy Mohamed
Digital Ally Inc. will distribute 15% of shares obtained in Kustom Entertainment to its shareholders immediately following the closing of the merger.
June 02, 2023 | 12:58 pm
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NEUTRAL IMPACT
CLOE is mentioned in the article but has no direct impact on the stock.
CLOE is mentioned in the article, but there is no direct impact on the stock as it is not involved in the merger or distribution of shares.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 20
POSITIVE IMPACT
Digital Ally shareholders will receive 15% of Kustom Entertainment shares after the merger.
The distribution of 15% of Kustom Entertainment shares to Digital Ally shareholders will likely have a positive short-term impact on DGLY stock price, as it adds value to the shareholders' investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100