Company: DGLY
Filing Date: 2025-02-11
Form Type: S-1/A
Source: 0001493152-25-005949
Chunk: 224

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-11
Form: S-1/A
Chunk 224
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 with a $ 13,365,000carrying amount, resulting in a $ 2,385,000loss on redemption.

Issuance of Common Stock as Consideration for the Potential Spin-Off Transaction.

On December 28, 2022, the Company issued a total of 25,000shares of common stock as a portion of the consideration paid for the advisory services associated with the potential spin-off transaction.

Stock Repurchase Program

On December 6, 2021, the board of directors of the Company authorized the repurchase of up to $ 10.0million of the Company’s outstanding common stock under the specified terms of a share repurchase program (the “Program”). During the year ended December 31, 2022, the Company repurchased 186,299shares of its common stock for $ 4,026,523, in accordance with the Program.

SCHEDULE OF STOCK REPURCHASE

| Period          |     | Total     
 Number of 
 Shares    
 Purchased |         |     | Average  
 Price    
 Paid per 
 Shares   |       |     | Total        
 Number of    
 Shares       
 Purchased as 
 Part of      
 Publicly     
 Announced    
 Program      |         |     | Maximum      
 Approximate  
 Dollar Value 
 of           
 Shares that  
 May Yet Be   
 Purchased    
 Under the    
 Program      |           |
|:----------------|:----|:----------|--------:|:----|:---------|------:|:----|:-------------|--------:|:----|:-------------|----------:|
| December 2021   |     |           |  86,742 |     | $        | 22.80 |     |              |  86,742 |     |              |         — |
| January 2022    |     |           |  34,855 |     |          | 22.20 |     |              |  34,855 |     |              |         — |
| February 2022   |     |           |  34,649 |     |          | 22.40 |     |              |  34,649 |     |              |         — |
| March 2022      |     |           |  24,298 |     |          | 21.20 |     |              |  24,298 |     |              |         — |
| April 2022      |     |           |  29,774 |     |