Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 213

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 213
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|:----|:---------------|-------:|:--|
| Vested Balance, January 1, 2023   |     |          |    67,459 |   |     | $              |  60.26 |   |
| Granted                           |     |          | 1,125,000 |   |     |                |   6.50 |   |
| Exercised                         |     |          |         - |   |     |                |      - |   |
| Forfeited/cancelled               |     |          |   (67,459 | ) |     |                | (60.26 | ) |
| Vested Balance, December 31, 2023 |     |          | 1,125,000 |   |     | $              |   6.50 |   |

The total intrinsic value of all outstanding warrants aggregated $- 0- as of December 31, 2023 and 2022, and the weighted average remaining term was 51.2and 3.9months as of December 31, 2023 and 2022, respectively.

The following table summarizes the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable warrants to purchase shares of common stock as of December 31, 2023:

SUMMARY OF RANGE OF EXERCISE PRICES AND WEIGHTED AVERAGE REMAINING CONTRACTUAL LIFE OF WARRANTS

| Exercise 
 price    |      |     | Outstanding and exercisable warrants 
 Number of                            
 warrants                             |           |     | Weighted average 
 remaining        
 contractual life |           |
|:---------|-----:|:----|:-------------------------------------|----------:|:----|:-----------------|:----------|
| $        | 5.50 |     |                                      |   375,000 |     |                  | 4.3 years |
| $        | 6.50 |     |                                      |   375,000 |     |                  | 4.3 years |
| $        | 7.50 |     |                                      |   375,000 |     |                  | 4.3 years |
|          |      |     |                                      | 1,125,000 |     |                  | 4.3 years |

NOTE 18 - STOCKHOLDERS’ EQUITY

2022 Issuance of Restricted Common Stock.

On January 7, 2022, the board of directors