Company: DGLY
Filing Date: 2025-01-23
Form Type: 424B3
Source: 0001493152-25-003413
Chunk: 38

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-23
Form: 424B3
Chunk 38
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 of Anson Management GP LLC, which is the general partner of Anson Funds Management LP. Moez Kassam and Amin         
 Nathoo are directors of Anson Advisors Inc. Mr. Moore, Mr. Kassam and Mr. Nathoo each disclaim beneficial ownership of these common        
 stock except to the extent of their pecuniary interest therein. The principal business address of Anson is Maples Corporate Services       
 Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.                                                                 |
| (4) | Holds                                                                                                                                      
 the following securities issued in the Private Placement: 262,722 shares of common stock. Includes 262,722 shares of common stock          
 held directly and 130,650 shares of common stock issuable upon the exercise of Series A and Series B warrants up to the beneficial         
 ownership blocker of 4.99%. Excludes 3,150,864 shares of common stock issuable upon the exercise of Series A and Series B warrants         
 in excess of the 4.99% beneficial ownership blocker. Anson Advisors Inc and Anson Funds Management LP, the Co-Investment Advisers          
 of Anson Investments Master Fund LP (“Anson Investments”), hold voting and dispositive power over the common stock held                    
 by Anson Investments. Tony Moore is the managing member of Anson Management GP LLC, which is the general partner of Anson Funds Management 
 LP. Moez Kassam and Amin Nathoo are directors of Anson Advisors Inc. Mr. Moore, Mr. Kassam and Mr. Nathoo each disclaim beneficial         
 ownership of these common stock except to the extent of their pecuniary interest therein. The principal business address of Anson          
 is Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.                                    |

| 21 |

<div align='center'>USE OF PROCEEDS</div>

We will not receive any of the proceeds from the sale of the Shares by the Selling Stockholders pursuant to this prospectus.

The Selling Stockholders will pay any agent’s commissions and expenses they incur for brokerage, accounting, tax or legal services or any other expenses that they incur in disposing of the shares of common stock. We will bear all other costs, fees and expenses incurred in effecting the registration of the shares of common stock covered by this prospectus and any prospectus supplement. These may include, without