Company: DGLY
Filing Date: 2025-10-21
Form Type: DRS
Source: 0001493152-25-018831
Chunk: 12

Company: DIGITAL ALLY, INC.
Filing Date: 2025-10-21
Form: DRS
Chunk 12
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 the Selling Stockholder pursuant to the Purchase Agreement. All of the Shares, if and when sold, will be sold by the Selling Stockholder.

| Shares offered by the Selling Stockholder:          |     | 2,777,777 Shares underlying the                                                                                                          
 Note and 619,409 Shares underlying the Warrant                                                                                           |
| Shares of common stock outstanding after completion 
 of this offering:                                   |     | 5,124,607 (1)                                                                                                                            |
| Use of proceeds:                                    |     | We will not receive any                                                                                                                  
 of the proceeds from any sale of the Shares by the Selling Stockholder. See “Use of Proceeds.”                                           |
| Risk factors:                                       |     | An investment in our securities                                                                                                          
 involves substantial risk. You should read carefully the “Risk Factors” section on page 7 of this prospectus, and under                  
 similar headings in the other documents incorporated by reference into this prospectus. Additional risks and uncertainties not presently 
 known to us or that we currently deem to be immaterial may also impair our business and operations.                                      |
| Nasdaq symbol for Common Stock:                     |     | “DGLY”                                                                                                                                   |

| (1) | Shares of our common stock                                                                                                        
 that will be outstanding after this offering is based on 1,727,421 shares of common stock outstanding as of October 15, 2025, but 
 excludes the following as of such date:                                                                                           |

| ● | excludes up to 26 shares                                                                                                            
 of our common stock issuable upon exercise of outstanding options with a weighted average exercise price of $102,907.69 per share.  |
| ● | excludes up to 351,384                                                                                                              
 shares of our common stock issuable upon exercise of warrants issued previously and outstanding, having a weighted average exercise 
 price of $400.56 per share.                                                                                                         |

| 6 |

<div align='center'>RISK FACTORS</div>

An investment in the securities offered under this prospectus involves a high degree of risk. You should carefully consider and evaluate all of the information contained in this prospectus and in the documents that we incorporate by reference herein before you decide to invest in our securities. In particular, you should carefully consider and evaluate the risks and uncertainties described under the heading “Risk Factors” in this prospectus and in the documents incorporated by reference herein. Investors are further advised that the risks described below may not be the only risks we face. Additional risks that we do not yet