Company: DGLY
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001641172-25-016976
Chunk: 36

Company: DIGITAL ALLY, INC.
Filing Date: 2025-06-27
Form: 424B4
Chunk 36
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 listing on the Nasdaq Capital Market, and our common stock is not eligible for listing on another exchange, trading in the shares of our common stock could be conducted in the over-the-counter market or on an electronic bulletin board established for unlisted securities such as the Pink Market or another over-the-counter market operated by the OTC Markets Group Inc. In such event, it could become more difficult to dispose of, or obtain accurate price quotations for, our common stock, and it would likely be more difficult to obtain coverage by securities analysts and the news media, which could cause the price of our common stock to decline further. Also, it may be difficult for us to raise additional capital if we are not listed on a national exchange.

Our failure to comply with the agreements relating to our outstanding indebtedness, including as a result of events beyond our control, could result in an event of default that could materially and adversely affect our results of operations and our financial condition.

If
there were an event of default under any of the agreements relating to our outstanding indebtedness, the holders of the defaulted debt
could cause all amounts outstanding with respect to that debt to be due and payable immediately. We cannot assure you that our assets
or cash flows would be sufficient to fully repay borrowings under our outstanding debt instruments if accelerated upon an event of default.
The senior secured promissory notes matured on February 4, 2025, and upon the occurrence of an Event of Default, as defined in the senior
secured promissory notes, bear interest as the rate of 14% per annum. Further, if we are unable to repay, refinance or restructure our
indebtedness under our secured debt, including the senior secured promissory notes, the holders of such debt could proceed against the
collateral securing that indebtedness. In addition, any event of default or declaration of acceleration under one debt instrument could
also result in an event of default under one or more of our other debt instruments.

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<div align='center'>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

All statements in this prospectus that are not historical facts should be considered “Forward Looking Statements” within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward