Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 279

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 279
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0- as of September 30, 2024. 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 September 30, 2024:

SCHEDULE 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 |     |                            | 3.5 years |
| $              | 6.50 |     |                                      |   375,000 |     |                            | 3.5 years |
| $              | 7.50 |     |                                      |   375,000 |     |                            | 3.5 years |
| $              | 2.51 |     |                                      | 1,195,219 |     |                            | 4.7 years |
|                |      |     |                                      | 2,320,219 |     |                            | 4.1 years |

| F-77 |

NOTE 12. STOCKHOLDERS’ EQUITY

2023 Issuance of Restricted Common Stock

On January 10, 2023, the board of directors approved the grant of 22,500shares of common stock to officers of the Company. Such shares will generally vest over a period of one to five years on their respective anniversary dates in January through January 2028, provided that each grantee remains an officer or employee on such dates.Additionally, the board of directors approved the grant of 12,500restricted common shares to certain new employees of the Company. Such shares will generally vest over a period of oneto two yearson their respective anniversary dates in January through January 2025, provided that each grantee remains an employee of the company on such dates.

2024 Issuance of Restricted Common Stock

In January 2024, the board of directors approved the grant of 55,000shares of common stock to officers of the Company. Such shares will generally vest over a period of one to five years on their respective anniversary dates in January through January 2028, provided that each grantee remains