Why Digital Ally Shares Are Soaring Today
Why Digital Ally Shares Are Soaring Today
爲甚麼今天數字盟友的股價飆升
- Kustom Entertainment, Inc., a wholly-owned subsidiary of Digital Ally Inc. (NASDAQ:DGLY), has entered into a merger agreement with SPAC Clover Leaf Capital Corp. (NASDAQ: CLOE).
- The agreement is for a $125 million equity value for Kustom Entertainment, Inc, which includes TicketSmarter and Kustom 440. Digital Ally will remain an independent public company following the merger.
- The transaction is expected to create a publicly traded entity focused on live events and concert production to accompany TicketSmarter's ability to offer primary and secondary ticketing options.
- Also Read: Digital Ally Clocks 25% Decline In Q1 Revenues On Weakness In Entertainment Segment
- The proposed business combination is estimated to generate about $18.1 million in gross proceeds from the cash held in trust by Clover Leaf Capital, giving the combined company an indicated initial pro forma equity value of roughly $222.2 million.
- The combined firm will be named Kustom Entertainment and overseen by Stanton E. Ross, the current CEO of Digital Ally.
- Furthermore, Digital Ally will deliver to its shareholders 15% of the shares gained in Kustom Entertainment immediately following the merger's closure, with the remainder to be distributed after a six-month lock-up period.
- Price Action: DGLY shares are trading higher by 17.8% at $4.68 on the last check Friday.
- Kustom Entertainment, Inc.，其全資子公司 數字盟友公司 納斯達克股票代碼：DGLY）已與SPAC簽訂合併協議 三葉草資本公司 （納斯達克股票代碼：CLO）。
- 該協議旨在爲包括TicketsMarter和Kustom 440在內的Kustom Entertainment, Inc提供1.25億美元的股權價值。合併後，Digital Ally將繼續是一家獨立的上市公司。
- 預計該交易將創建一個專注於現場活動和音樂會製作的上市實體，以配合TicketsMarter提供主要和次要票務選項的能力。
- 另請閱讀： 由於娛樂板塊疲軟，數字盟友預計第一季度收入下降了25％
- 據估計，擬議的業務合併將從Clover Leaf Capital持有的信託現金中產生約1810萬美元的總收益，使合併後的公司的初始預計股本價值約爲2.222億美元。
- 合併後的公司將被命名爲庫斯托姆娛樂公司，由Digital Ally現任首席執行官斯坦頓·羅斯監督。
- 此外，Digital Ally將在合併完成後立即向其股東交付庫斯托姆娛樂公司獲得的15％的股份，其餘部分將在六個月的封鎖期後分配。
- 價格走勢： 在週五的最後一張支票中，DGLY股價上漲了17.8％，至4.68美元。