Company: DGLY
Filing Date: 2025-06-17
Form Type: POS AM
Source: 0001641172-25-015434
Chunk: 43

Company: DIGITAL ALLY, INC.
Filing Date: 2025-06-17
Form: POS AM
Chunk 43
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 |           |   (1,194,675 | ) |     |                             |   (1,194,675 | ) |
| Accumulated Deficit                                                                                                  |     |                      | (133,249,457 | ) |     |           | (133,249,457 | ) |     |                             | (133,249,457 | ) |
| Total Stockholders’ equity (deficit)                                                                                 |     |                      |   11,569,375 |   |     |           |   11,569,375 |   |     |                             |   33,132,727 |   |
| Total capitalization                                                                                                 |     | $                    |   30,256,336 |   |     | $         |   30,256,336 |   |     | $                           |   51,819,688 |   |

The information above excludes on a pro forma and pro forma, as adjusted basis:

| ● | up                                                                                                                                  
 to 26 shares of our common stock issuable upon exercise of outstanding options with a weighted average exercise price of $90,280.00 
 per share.                                                                                                                          |
| ● | up to 3,551 shares of our common stock issuable upon                                                                                
 exercise of warrants issued previously and outstanding, having a weighted average exercise price of $2,900.00 per share.            |

| 26 |

<div align='center'>DILUTION</div>

If you invest in the securities being offered by this prospectus, your interest will be diluted immediately as a result of the exercise of the remaining Series A Warrants and Series B Warrants.

Our historical net tangible book value as of March 31, 2025 was $1,237,270, or $21.30 per share of our common stock. Historical net tangible book value per share represents the amount of our total tangible assets, less total liabilities, divided by the number of shares of our common stock outstanding as of March 31, 2025.

After giving effect to (i) the issuance of 1,669,319 common shares upon exercise of Series B Warrants at a zero exercise price which have already been exercised as of the date of this prospectus, (ii) the full exercise of the remaining unexercised Series B Warrants to purchase 37 shares of common stock at a zero exercise price and (iii) the full exercise of the of the Series A Warrants to purchase 347,796 shares of common stock at an