Company: DGLY
Filing Date: 2025-01-16
Form Type: S-1/A
Source: 0001493152-25-002490
Chunk: 6

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-16
Form: S-1/A
Chunk 6
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We were incorporated in Nevada on December 13, 2000. We conduct our business from 14001 Marshall Drive, Lenexa, Kansas 66215. Our telephone number is (913) 814-7774. Our website address is www.digitalallyinc.com. The information contained in, or accessible through, our website is not incorporated by reference into this prospectus or the registration of which it forms a part and is intended for informational purposes only. You should not consider such website information to be a part of this prospectus and such registration statement.

Recent Developments

As previously disclosed in a Current Report on Form 8-K filed with the SEC by the Company onJune 6, 2023, on June 1, 2023, the Company entered into an Agreement and Plan of Merger (as amended, the “Merger Agreement”) with Clover Leaf Capital Corp., a Delaware corporation (“Clover Leaf”), CL Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Clover Leaf (the “Merger Sub”), Yntegra Capital Investments LLC, a Delaware limited liability company, in the capacity as the representative from and after the Effective Time (as defined in the Merger Agreement) for the stockholders of Clover Leaf (other than the Company as of immediately prior to the Effective Time and its successors and assignees) in accordance with the terms and conditions of the Merger Agreement (the “Purchaser Representative”), and Kustom.

On November 7, 2024, pursuant to Section
8.1(a) of the Merger Agreement, the Company, Clover Leaf, Merger Sub, Purchaser Representative, and Kustom entered into a Mutual Termination
and Release Agreement (the “Termination Agreement”) to terminate the Merger Agreement (the “Termination”). As
a result of the Termination Agreement, the Merger Agreement is of no further force and effect, with the exception of specified provisions
set forth in the Termination Agreement, which shall survive the Termination and remain in full force and effect in accordance with their
respective terms.

As previously reported in the amendment
to the Current Report on Form 8-K filed with the SEC by the Company on November8, 2024, in order to secure the Company’s obligations under the Notes (as defined below), the Purchase Agreement provides
that the Company shall cause its wholly owned subsidiaries, to the extent permitted under such subsidiaries’ existing obligations,
to guarantee the payment of and performance of obligations under