Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 4

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 4
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 shares of common stock, and Warrants on the same terms as those on which the other
shares of common stock, and Warrants are being offered hereunder. No underwriting discounts or commissions will be paid on any Warrants
purchased pursuant to the underwriter’s over-allotment option. If this over-allotment option is exercised solely for common stock
in full, the total offering price to the public will be approximately $17,250,000, and the total net proceeds, before expenses and after
deducting the underwriting discounts described above, to us will be approximately $15,547,507.46 (based upon a public offering price
of $0.15 per Unit).

The public offering used throughout this prospectus
is indicative of the final offering price. The final public offering price was determined through negotiation between us
and the underwriter, based upon a number of factors, including our history and our prospects, the industry in which we operate, our past
and present operating results, the previous experience of our executive officers and the general condition of the securities markets
at the time of this offering.

We intend to use the proceeds from this offering for general corporate purposes, including working capital and investments. See “ Use of Proceeds.”

Investing in the securities involves a high degree of risk. See “ Risk Factors” beginning on page 7 of this prospectus for a discussion of information that should be considered in connection with an investment in our securities.

Neither the Securities and Exchange Commission (“SEC”) nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

|                                           |     | Per Unit |        |     | Per             
 Pre-Funded Unit |        |     | Total |               |
|:------------------------------------------|:----|:---------|-------:|:----|:----------------|-------:|:----|:------|--------------:|
| Public offering price                     |     | $        |   0.15 |     | $               |  0.149 |     | $     | 15,000,000.00 |
| Underwriting discounts and commissions(1) |     | $        | 0.0105 |     | $               | 0.0105 |     | $     |  1,050,000.00 |
| Proceeds, before expenses, to us(2)       |     | $        |