Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 124

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 124
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 to Mosh Man, LLC and (3) the issuance of an aggregate of 3,049,745 of our common stock upon the exercise of our Class B warrants, which were subject to reset provisions for total proceeds of $3,049.75, our pro forma as adjusted net tangible book value as of September 30, 2024 would have been approximately $[●] or approximately $[●] per share. This represents an immediate decrease in net tangible book value of approximately $[●] per share to our existing stockholders and an immediate dilution of approximately $[●] per share to purchasers of our securities in this offering, as illustrated by the following table:

| Assumed public offering price per Unit                                                                           
 Pro forma net tangible book value per share, as of September 30, 2024, before giving effect to this offering     |     |   | [●]   
 (1.74 | ) |
|:-----------------------------------------------------------------------------------------------------------------|:----|:--|:------|:--|
| Decrease in pro forma net tangible book value (deficit) per share attributable to new investors in this offering |     | $ | [●]   |   |
| Pro forma as adjusted net tangible book value per share, after this offering                                     |     | $ | [●]   |   |
| Dilution to pro forma as adjusted net tangible book value per share to investors in this offering                |     | $ | [●]   |   |

The dilution information discussed above is illustrative only and will change based on the actual public offering price and other terms of this offering determined at pricing. A $[●] increase or decrease in the assumed public offering price of $[●] per Unit (and $[●] per Pre-Funded Unit) would increase or decrease the pro forma, as adjusted net tangible book value per share by approximately $[●] million, and increase or decrease the pro forma, as adjusted net tangible book value per share to investors participating in this offering by approximately $[●] per share, assuming the number of Units (and Pre-Funded Units) offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting the placement agent fee and estimated offering expenses payable by us.

To the extent that our outstanding warrants are exercised, you could experience further dilution. To the extent that we raise additional capital through the sale of additional equity, the issuance of any of our shares of common stock