Digital Ally Signs Senior Secured Convertible Note Financing With Undisclosed Investor
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Digital Ally has entered into a senior secured convertible note financing agreement with an undisclosed investor to raise $250,000. The notes, issued on December 19, 2025, have an 8% interest rate and are convertible at a 10% discount to the five-day VWAP prior to the initial closing. The financing includes warrants to purchase shares and aims to bolster the company's liquidity and financial flexibility. The notes are due on September 15, 2026, and are secured by most of the company's assets.
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