Miami, FL and Kansas City, KS – Clover Leaf Capital Corp. and Digital Ally, Inc. Announce Special Meeting Adjournment

Miami, FL and Kansas City, KS, Sept. 20, 2024 (GLOBE NEWSWIRE) —

Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE” or “Clover Leaf”), a publicly traded special purpose acquisition company, and Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) today announced that on September 20, 2024, Clover Leaf convened and then adjourned, without conducting other business, its special meeting of its stockholders in lieu of its 2024 Annual Meeting of Stockholders (the “Meeting” ) to 10:00 a.m., Eastern Time on Friday, September 27, 2024. At the meeting, stockholders of Clover Leaf will be asked to vote on proposals to approve, among other things, its proposed initial business combination (the “Business Combination”) with Kustom Entertainment, Inc., a Nevada corporation (“Kustom Entertainment” or the “Company”), pursuant to an Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Clover Leaf, CL Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Clover Leaf (“Merger Sub”), Yntegra Capital Investments LLC, a Delaware limited liability company, in the capacity as the Purchaser Representative (as defined in the Merger Agreement) and Digital Ally, Inc., a Nevada corporation and the sole stockholder of the Company (“Digital Ally”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.

Effects on Individuals:

For individual investors, the outcome of the Business Combination between Clover Leaf Capital Corp. and Kustom Entertainment, Inc. could potentially result in new investment opportunities and increased stock value. It is important for stockholders of Clover Leaf to carefully consider and vote on the proposals presented at the special meeting to ensure their interests are represented.

Effects on the World:

The merger between Clover Leaf Capital Corp. and Kustom Entertainment, Inc. has the potential to impact the business landscape in various industries. This strategic move may lead to the development of innovative products, advancements in technology, and overall growth within the market. The collaboration between these companies could also create new job opportunities and contribute to economic progress on a broader scale.

Conclusion:

In conclusion, the adjournment of Clover Leaf’s special meeting signals a significant step towards the proposed Business Combination with Kustom Entertainment, Inc. This decision has the potential to bring about positive changes for both individual investors and the global business community. It will be interesting to see the outcome of the stockholders’ vote and the subsequent effects of this merger on the market.