Company: DGLY
Filing Date: 2025-11-12
Form Type: PRER14A
Source: 0001493152-25-021783
Chunk: 7

Company: DIGITAL ALLY, INC.
Filing Date: 2025-11-12
Form: PRER14A
Chunk 7
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 the First Amendment to Common Stock Purchase Agreement, entered into as of November 7, 2025, by and between the Company and a certain institutional investor, including, the issuance of 20% or more of our outstanding shares of Common Stock pursuant to the ELOC Purchase Agreement’”

Proposal No. 5, “To approve the amendment to the 2022 Digital Ally, Inc. Stock Option and Restricted Stock Plan which increases the number of shares reserved for issuance under such Plan by 375,000 shares of Common Stock;”

Proposal No. 6, “To approve a non-binding advisory proposal to approve the compensation paid to the Company’s named executive officers;”

Proposal No. 7, “To approve a non-binding advisory proposal on the frequency of the stockholder advisory vote on executive compensation;” and

Proposal No. 8, “To consider and act upon such other business as may properly come before the Annual Meeting or any adjournment thereof.”

The following Proposals are “routine”
and thus a broker discretionary vote is allowed:

Proposal No. 2, “To ratify the
appointment of Victor Mokuolu CPA PLLC as our independent registered public accounting firm”

| 3 |

How Many Votes are Needed for Each Proposal to Pass and is Broker Discretionary Voting Allowed?

For matters at the Annual Meeting, if a quorum is present, the following votes will be required for the Proposal to pass:

|    | Proposal                                                                                                                              |     | Vote                                                                                                                    
 Required                                                                                                                |     | Broker        
 Discretionary 
 Vote          
 Allowed       |
| 1. | Elect                                                                                                                                 
 four directors                                                                                                                        |     | The                                                                                                                     
 candidates receiving the greatest number of votes, up to the number of directors to be elected, shall be the directors. |     | No            |
| 2. | Ratify                                                                                                                                
 the appointment of Victor Mokuolu CPA PLLC as our independent registered public accounting firm                                       |     | The                                                                                                                     
 affirmative vote of the holders of a majority of the votes cast.                                                        |     | Yes           |
| 3. | Approve                                                                                                                               
 the transactions contemplated by the securities purchase agreement, entered into as of September 15, 2025, by and between the Company 
 and a certain institutional investor, including, the issuance of 20% or more of our outstanding shares of our Common Stock, par value 
 $0.001 per share Common Stock upon (i) conversion of the senior secured convertible notes due September 15,