Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
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Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
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Filed Pursuant to Rule 424(b)(4)

Registration No. 333-284448

<div align='center'>PROSPECTUS

7,850,000Units, with each Unit consisting of:

One Share of Common Stock

One Series A Warrant to Purchase One Share of Common Stock

One Series B Warrant to Purchase One Share of Common Stock

92,150,000Pre-Funded Units, with each Pre-Funded Unit consisting of:

One Pre-Funded Warrant to Purchase One Share of Common Stock

One Series A Warrant to Purchase One Share of Common Stock

One Series B Warrant to Purchase One Share of Common Stock

92,150,000Shares of Common Stock Underlying the Pre-Funded Warrants

100,000,000Shares of Common Stock Underlying the Series A Warrants

100,000,000Shares of Common Stock Underlying the Series B Warrants</div>

Digital Ally, Inc. (the “Company,” “Digital
Ally,” the “registrant,” “we,” “our” or “us”) is offering, on a firm commitment,
underwritten basis, 7,850,000 units (the “Units”), each Unit consisting of: (i) one share of common stock; (ii) one
Series A Warrant to purchase one share of common stock (the “Series A Warrants”); and (iii) one Series B Warrant to purchase
one share of common stock (the “Series B Warrants,” together with the Series A Warrants, the “Warrants”). Each
Series A Warrant is exercisable at an exercise price of $0.1875 per share (125% of the public offering price per Unit set forth
below), subject to certain anti-dilution and share combination event protections, and each Series B Warrant is exercisable at an exercise
price of $0.30 per share (200% of the public offering price per Unit set forth below) subject to certain share combination event
protections. The Series A Warrants will be exercisable commencing upon our receipt of the Warrant Stockholder Approval (described below)
and will expire five (5) years after the date of the Warrant Stockholder Approval. The Series B Warrants will be exercisable commencing
upon our receipt of the Warrant Stockholder Approval and will expire two and one-half (2.5) years from the date of Warrant Stockholder
Approval. See “Description of Securities.”