Company: DGLY
Filing Date: 2025-06-17
Form Type: POS AM
Source: 0001641172-25-015434
Chunk: 52

Company: DIGITAL ALLY, INC.
Filing Date: 2025-06-17
Form: POS AM
Chunk 52
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 21.00 |     | $        |    157,500.00 |     | $           |  1,207,500.00 |
| Non-accountable expense allowance (1.0%)(1)     |     | $        |   3.00 |     | $        |     22,500.00 |     | $           |    172,500.00 |
| Proceeds, before expenses, to us                |     | $        | 276.00 |     | $        | 14,820,000.00 |     | $           | 15,870,000.00 |

(1) We agreed to pay a non-accountable expense allowance to Aegis equal to 1.0% of the gross proceeds received in the Offering.
(2) Assumes exercise for Units only. The underwriter will not receive any discounts or commissions upon exercise of the underwriter’s option to purchase Warrants.

We also agreed to reimburse the underwriter for certain of its expenses, including “roadshow,” diligence, and reasonable legal fees and disbursements, in an amount not to exceed $200,000 in the aggregate. The total expenses of the Offering payable by us, excluding underwriting discounts and non-accountable expense allowance, were approximately $322,492.54.

| 32 |

Stabilization

In accordance with Regulation M under the Exchange Act, the underwriter may engage in activities that stabilize, maintain or otherwise affect the price of our common stock, including short sales and purchases to cover positions created by short positions, stabilizing transactions, syndicate covering transactions, penalty bids and passive market making.

| ● | Short                                                                                              
 positions involve sales by the underwriter of shares of common stock in excess of the number       
 of shares the underwriter is obligated to purchase, which creates a syndicate short position.      
 The short position may be either a covered short position or a naked short position. In a          
 covered short position, the number of shares involved in the sales made by the underwriter         
 in excess of the number of shares they are obligated to purchase is not greater than the           
 number of shares that they may purchase by exercising their option to purchase additional          
 shares. In a naked short position, the number of shares involved is greater than the number        
 of shares in their option to purchase additional shares. The underwriter may close out any         
 short position by either exercising their option to purchase additional shares or purchasing       
 shares in the open market.