Company: DGLY
Filing Date: 2025-06-17
Form Type: POS AM
Source: 0001641172-25-015434
Chunk: 51

Company: DIGITAL ALLY, INC.
Filing Date: 2025-06-17
Form: POS AM
Chunk 51
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 Units |     |              Number 
 of Pre-Funded Units |
| Aegis         
 Capital Corp. |     |           3,925 |     |              46,075 |

The underwriting agreement provides that the underwriter’s obligation to purchase Units and Pre-Funded Units, as the case may be, depends on the satisfaction of the conditions contained in the underwriting agreement including:

| ● | the                                                                    
 representations and warranties made by us to the underwriter are true; |
| ● | there                                                                  
 is no material change in our business or the financial markets; and    |
| ● | we                                                                     
 deliver customary closing documents to the underwriter.                |

The underwriter agreed to purchase all of the Units and Pre-Funded Units (other than those covered by the over-allotment option described below) purchased under the underwriting agreement.

Over-Allotment Option

Solely to cover over-allotments, if any, the Company granted the underwriter an option to purchase additional shares of common stock and/or Warrants of (i) up to 15% of the number of shares of common stock sold in the Offering, (ii) up to 15% of the number of Series A Warrants sold in the Offering and (iii) up to 15% of the number of Series B Warrants sold in the Offering. On February 14, 2025, the underwriter exercised its over-allotment option with respect to 7,500 Series A Warrants and 7,500 Series B Warrants.

Underwriting Discounts and Expenses

The following table sets forth the public offering price used in connection with the Offering and shows the per Unit and total underwriting discounts we have paid to Aegis in connection with the Offering. These amounts are shown assuming both no exercise and full exercise of the underwriter’s option to purchase additional shares of common stock.

|                                                 |     | Per Unit |        |     | Total    
 No       
 Exercise |               |     | Full        
 Exercise(2) |               |
|:------------------------------------------------|:----|:---------|-------:|:----|:---------|--------------:|:----|:------------|--------------:|
| Public offering price                           |     | $        | 300.00 |     | $        | 15,000,000.00 |     | $           | 17,250,000.00 |
| Underwriting discounts to be paid by us (7.0%): |     | $        |