Company: DGLY
Filing Date: 2025-06-17
Form Type: POS AM
Source: 0001641172-25-015434
Chunk: 44

Company: DIGITAL ALLY, INC.
Filing Date: 2025-06-17
Form: POS AM
Chunk 44
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 exercise price of $62.00 per share, our pro forma as adjusted net tangible book value as of March 31, 2025 would have been approximately $22,800,622 or approximately $10.99 per share. This represents an immediate decrease in net tangible book value of approximately $10.31 per share to our existing stockholders and an immediate dilution of approximately $51.01 per share to purchasers of our securities in this offering, as illustrated by the following table:

| Public offering price per Series A Warrant                                                          |     | $ |  62.00 |   |
| Pro forma net tangible book value (deficit) per share, as of March                                  
 31, 2025, before giving effect to the exercise of the Series A Warrants and Series B Warrants       |     | $ |  21.30 |   |
| Decrease in pro forma net tangible book value (deficit) per share attributable                      
 to new investors in the Series A Warrants and Series B Warrants                                     |     | $ | (10.31 | ) |
| Pro forma as adjusted net tangible book value (deficit) per share, after the exercise of the Series 
 A Warrants and Series B Warrants                                                                    |     | $ |  10.99 |   |
| Dilution to pro forma as adjusted net tangible book value per share to investors in this offering   |     | $ | (51.01 | ) |

| 27 |

<div align='center'>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</div>

Common stock for:

| ● | each                                                                                                      
 person, or group of affiliated persons, known by us to beneficially own more than 5% of our common stock; |
| ● | each                                                                                                      
 of our executive officers;                                                                                |
| ● | each                                                                                                      
 of our directors; and                                                                                     |
| ● | all                                                                                                       
 of our current executive officers and directors as a group.                                               |

Beneficial ownership is determined according to the rules of the SEC and generally means that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power of that security, including securities that are currently exercisable or exercisable within sixty (60) days of June 16, 2025. Except as indicated by the footnotes below, we believe, based on the information furnished to us, that the persons named in the table below have sole voting