Digital Ally Disputes Default Notice Claims From Softforge

Oct. 28, 2024, 9:37 PM UTC

Digital Ally says received default notice from Softforge Innovation saying it is in default for failing to make a $100,000 payment due on Oct. 10.

  • Softforge says to sell collateral securing Digital Ally obligations
  • Digital Ally says it disputes the claims and wants Softforge to immediately cancel the sale
  • Digital Ally says to seek injunctive relief and damages against Softforge

To contact the reporter on this story:
Sebastian Tong in San Francisco at stong41@bloomberg.net

To contact the editor responsible for this story:
Divya Balji at dbalji1@bloomberg.net

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