Reported Earlier, Digital Ally Entered Purchase And Sale Agreement With Serenity Now; Pursuant To Deal, Buyer Agreed To Buy Property For $5.9M, Exclusive Of Closing Costs
Portfolio Pulse from Benzinga Newsdesk
Digital Ally has entered into a purchase and sale agreement with Serenity Now. According to the deal, the buyer has agreed to purchase property for $5.9 million, exclusive of closing costs, as per an SEC filing.
August 06, 2024 | 1:42 pm
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Digital Ally has entered into a purchase and sale agreement with Serenity Now for $5.9 million, exclusive of closing costs. This transaction could positively impact Digital Ally's financial position by increasing its cash reserves.
The sale of property for $5.9 million will likely boost Digital Ally's cash reserves, improving its financial stability and potentially leading to a positive short-term impact on its stock price.
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