Company: DGLY
Filing Date: 2025-06-17
Form Type: POS AM
Source: 0001641172-25-015434
Chunk: 45

Company: DIGITAL ALLY, INC.
Filing Date: 2025-06-17
Form: POS AM
Chunk 45
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 |   | * | % |     |              | * | % |

* Represents less than 1%.

| (1) | Based on 1,727,421 shares of common stock issued                                                                           
 and outstanding as of June 16, 2025 and, with respect only to the ownership by all executive officers and directors        
 as a group.                                                                                                                |
| (2) | Mr.                                                                                                                        
 Ross’s total shares of common stock include 9 restricted shares that are subject to forfeiture to us.                      |
| (3) | Mr.                                                                                                                        
 Richie’s total shares of common stock include 9 shares of common stock to be received upon the exercise of vested options. |
| (4) | Mr.                                                                                                                        
 Heckman’s total shares of common stock include 43 shares of common stock held in the Company’s 401(k) Retirement           
 Savings Plan (the “401(k) Plan”) (on December 31, 2024) as to which Mr. Heckman has voting power as trustee of the 401(k)  
 Plan.                                                                                                                      |
| (5) | Mr.                                                                                                                        
 Han’s total shares of common stock include (i) 9 restricted shares that are subject to forfeiture to us and (ii) 1         
 shares of common stock to be received upon the exercise of vested options.                                                 |

| 28 |

<div align='center'>DESCRIPTION OF SECURITIES</div>

The following description of our securities is only a summary and is qualified in its entirety by reference to the actual terms and provisions of the capital stock contained in our Articles of Incorporation and our Bylaws.

General

The following description of our common stock and certain provisions of our Articles of Incorporation and our Bylaws are summaries and are qualified by reference to our Articles of Incorporation and Bylaws. Such summaries do not purport to be complete and are qualified in their entirety by reference to Nevada law, including the NRS, as well as copies of our Articles of Incorporation and Bylaws, which have been filed as exhibits to prior reports filed by us with the SEC.

Common Stock

Our authorized common stock consists of 200,000,000 shares of common stock, $0.001 par value per share. As of the date of this prospectus, we had 1,727,421 shares of our common stock issued and outstanding.

Voting Rights

Each share of our common stock entitles the owner to one vote. There is no cumulative voting. A simple majority can