Digital Ally, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
Digital Ally (DGLY) has received a delinquency notification from Nasdaq on April 23, 2025, due to delayed filing of its Annual Report on Form 10-K for the period ended December 31, 2024. The notification indicates non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the SEC.
While this notification has no immediate impact on DGLY's Nasdaq listing, the company must respond in writing by April 30, 2025. Digital Ally states it is working to file the Annual Report promptly and expects to resume normal filing schedules for the remainder of 2025.
Digital Ally (DGLY) ha ricevuto una notifica di inadempienza da Nasdaq il 23 aprile 2025, a causa del ritardo nella presentazione del suo Rapporto Annuale sul Modulo 10-K relativo al periodo terminato il 31 dicembre 2024. La notifica segnala il mancato rispetto della Regola di Quotazione Nasdaq 5250(c)(1), che richiede la presentazione puntuale dei rapporti finanziari periodici alla SEC.
Pur non avendo un impatto immediato sulla quotazione di DGLY su Nasdaq, l'azienda deve rispondere per iscritto entro il 30 aprile 2025. Digital Ally dichiara di essere al lavoro per presentare il Rapporto Annuale tempestivamente e prevede di riprendere il normale calendario di presentazione per il resto del 2025.
Digital Ally (DGLY) recibió una notificación de incumplimiento por parte de Nasdaq el 23 de abril de 2025, debido a la presentación tardía de su Informe Anual en el Formulario 10-K correspondiente al período finalizado el 31 de diciembre de 2024. La notificación indica el incumplimiento de la Regla de Cotización Nasdaq 5250(c)(1), que exige la presentación oportuna de informes financieros periódicos ante la SEC.
Aunque esta notificación no afecta de inmediato la cotización de DGLY en Nasdaq, la compañía debe responder por escrito antes del 30 de abril de 2025. Digital Ally afirma que está trabajando para presentar el Informe Anual lo antes posible y espera retomar el calendario habitual de presentaciones para el resto de 2025.
Digital Ally (DGLY)는 2025년 4월 23일, 2024년 12월 31일 종료된 기간에 대한 연례 보고서(Form 10-K) 제출 지연으로 인해 나스닥으로부터 연체 통지를 받았습니다. 이 통지는 SEC에 정기 재무 보고서를 적시에 제출해야 하는 나스닥 상장 규칙 5250(c)(1) 조항을 준수하지 않았음을 알립니다.
이 통지는 DGLY의 나스닥 상장에 즉각적인 영향을 미치지 않지만, 회사는 2025년 4월 30일까지 서면으로 답변해야 합니다. Digital Ally는 연례 보고서를 신속히 제출하기 위해 노력 중이며 2025년 나머지 기간 동안 정상 제출 일정을 재개할 것으로 예상합니다.
Digital Ally (DGLY) a reçu une notification de manquement de la part du Nasdaq le 23 avril 2025, en raison du retard dans le dépôt de son rapport annuel sur le formulaire 10-K pour la période close au 31 décembre 2024. Cette notification indique un non-respect de la règle de cotation Nasdaq 5250(c)(1), qui exige le dépôt en temps voulu des rapports financiers périodiques auprès de la SEC.
Bien que cette notification n’ait pas d’impact immédiat sur la cotation de DGLY au Nasdaq, la société doit répondre par écrit avant le 30 avril 2025. Digital Ally déclare travailler à un dépôt rapide du rapport annuel et prévoit de reprendre le calendrier normal de dépôt pour le reste de l’année 2025.
Digital Ally (DGLY) erhielt am 23. April 2025 eine Mitteilung über eine Pflichtverletzung von der Nasdaq wegen verspäteter Einreichung seines Jahresberichts auf Formular 10-K für den Zeitraum bis zum 31. Dezember 2024. Die Mitteilung weist auf die Nicht-Einhaltung der Nasdaq-Listing-Regel 5250(c)(1) hin, die eine fristgerechte Einreichung periodischer Finanzberichte bei der SEC vorschreibt.
Obwohl diese Mitteilung keine unmittelbaren Auswirkungen auf die Nasdaq-Notierung von DGLY hat, muss das Unternehmen bis zum 30. April 2025 schriftlich antworten. Digital Ally gibt an, an der zeitnahen Einreichung des Jahresberichts zu arbeiten und erwartet, den regulären Einreichungsplan für den Rest des Jahres 2025 wieder aufzunehmen.
- No immediate effect on Nasdaq listing status
- Company expects to return to normal filing schedule in 2025
- Received Nasdaq delinquency notification for delayed 10-K filing
- Non-compliance with Nasdaq listing requirements
- Risk of potential future listing issues if compliance is not restored
Lenexa, KS, April 25, 2025 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on April 23, 2025, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company’s Annual Report on Form 10-K for the period ended December 31, 2024 (the “Annual Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company’s securities on Nasdaq.
Nasdaq has informed the Company that it must present its views to Nasdaq with respect to this deficiency in writing by April 30, 2025.
The Company is working diligently to file the Annual Report as promptly as practical, and expects to return to a normal filing cadence in the remainder of 2025.
About Digital Ally
Digital Ally Companies (NASDAQ: DGLY) through its subsidiaries, is engaged in video solution technology, human & animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, event production and jet chartering. Digital Ally continues to add organizations that demonstrate the common traits of positive earnings, growth potential, innovation and organizational synergies.
For additional news and information please visit www.digitalally.com
Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today’s date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company’s periodic filings with the SEC, including, without limitation, the risks described in the Company’s 2023 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2024, June 30, 2024 and September 30, 2024 under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information.
Contact Information
Stanton Ross, CEO
Tom Heckman, CFO
Digital Ally, Inc.
913-814-7774
info@digitalallyinc.com
FAQ
What is the deadline for Digital Ally (DGLY) to respond to Nasdaq's delinquency notification?
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What Nasdaq rule did Digital Ally (DGLY) violate with its delayed filing?
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