Digital Ally shares are trading higher after the company announced its subsidiary, Kustom Entertainment, entered into a business combination agreement with Clover Leaf Capital Corp.
Portfolio Pulse from Benzinga Newsdesk
Digital Ally's subsidiary, Kustom Entertainment, has entered into a business combination agreement with Clover Leaf Capital Corp, causing Digital Ally shares to trade higher.
June 02, 2023 | 1:50 pm
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Digital Ally shares are trading higher after its subsidiary, Kustom Entertainment, entered into a business combination agreement with Clover Leaf Capital Corp.
The business combination agreement between Kustom Entertainment and Clover Leaf Capital Corp directly impacts Digital Ally as Kustom Entertainment is its subsidiary. This partnership is expected to bring positive synergies and growth opportunities, leading to an increase in Digital Ally's share price in the short term.
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