Company: DGLY
Filing Date: 2025-01-23
Form Type: 424B3
Source: 0001493152-25-003413
Chunk: 51

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-23
Form: 424B3
Chunk 51
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 102,675 |     |         | $        | (15,975 | ) |      | $          | 3,975 |     | $           | (5,565 | ) |     | $       | 3,195 |     | $        |     20 |     | $             |  88,325 |
| 2023     |      | $            | 215,419 |     |         | $        | (12,475 | ) |      | $          | 5,300 |     | $           | (4,960 | ) |     | $       |   -0- |     | $        |  2,268 |     | $             | 205,552 |

| (1) | All                                                                                                                
 the amounts are average for Non-PEO NEOs.                                                                          |
| (2) | Represents                                                                                                         
 the grant date fair value of the equity awards to our Non-PEO NEOs, as reported in the Summary Compensation Table. |

| 29 |

<div align='center'>DIVIDEND POLICY</div>

We have never declared or paid any dividends on our common stock. We currently intend to retain all available funds and any future earnings for the operation and expansion of our business and, therefore, we do not anticipate declaring or paying dividends in the foreseeable future. The payment of dividends will be at the discretion of the Board and will depend on our results of operations, capital requirements, financial condition, prospects, contractual arrangements, any limitations on payment of dividends present in our future debt agreements, and other factors that the Board may deem relevant.

| 30 |

<div align='center'>DESCRIPTION OF SECURITIES THAT THE SELLING STOCKHOLDERS ARE OFFERING</div>

The Selling Stockholders are offering for resale up to an aggregate of 808,377 shares of common stock. The terms of our shares of common stock are contained in our Articles of Incorporation and our Bylaws, each as amended to date and each as filed or incorporated by reference as exhibits to our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. For a description of our common stock, see Exhibit 4.10—Description of Securities Registered Pursuant to Section 12 of the Exchange Act, to our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on April 1, 2024.

Our Articles of Incorpor