Company: DGLY
Filing Date: 2025-02-06
Form Type: S-1/A
Source: 0001493152-25-005144
Chunk: 285

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-06
Form: S-1/A
Chunk 285
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 2023  |     |          | 1,125,000 |   |     | $                |  6.50 |   |
| Granted                            |     |          | 1,768,227 |   |     |                  |  2.51 |   |
| Exercised                          |     |          |  (573,008 | ) |     |                  | (2.51 | ) |
| Forfeited/cancelled                |     |          |         — |   |     |                  |     — |   |
| Vested Balance, September 30, 2024 |     |          | 2,320,219 |   |     | $                |  4.44 |   |

The total intrinsic value of all outstanding warrants aggregated $- 0- as of September 30, 2024. The following table summarizes the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable warrants to purchase shares of common stock as of September 30, 2024:

SCHEDULE OF RANGE OF EXERCISE PRICES AND WEIGHTED AVERAGE REMAINING CONTRACTUAL LIFE OF WARRANTS

| Exercise price |      |     | Outstanding and exercisable warrants 
 Number of warrants                   |           |     | Weighted average           
 remaining contractual life |           |
|:---------------|-----:|:----|:-------------------------------------|----------:|:----|:---------------------------|:----------|
| $              | 5.50 |     |                                      |   375,000 |     |                            | 3.5 years |
| $              | 6.50 |     |                                      |   375,000 |     |                            | 3.5 years |
| $              | 7.50 |     |                                      |   375,000 |     |                            | 3.5 years |
| $              | 2.51 |     |                                      | 1,195,219 |     |                            | 4.7 years |
|                |      |     |                                      | 2,320,219 |     |                            | 4.1 years |

| F-77 |

NOTE 12. STOCKHOLDERS’ EQUITY

2023 Issuance of Restricted Common Stock

On January 10, 2023, the board of directors approved the grant of 22,500shares of common stock to officers of the Company. Such shares will generally vest over a period of