Company: DGLY
Filing Date: 2025-02-11
Form Type: S-1/A
Source: 0001493152-25-005949
Chunk: 152

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-11
Form: S-1/A
Chunk 152
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 Warrants only, or any combination thereof. The purchase price to be paid per additional share of common stock will be equal to the public offering price of one Unit (less $0.00001 allocated to each Warrant), as applicable, less the underwriting discount, and the purchase price to be paid per over-allotment Warrant will be $0.00001. We will be obligated, pursuant to the option, to sell these additional shares of common stock, or Warrants to the underwriter to the extent the option is exercised. If any additional shares of common stock, or Warrants are purchased, the underwriter will offer the additional shares of common stock, and Warrants on the same terms as those on which the other shares of common stock, and Warrants are being offered hereunder. No underwriting discounts or commissions will be paid on any Warrants purchased pursuant to the underwriter’s over-allotment option. If this over-allotment option is exercised solely for common stock in full, the total offering price to the public will be approximately $17,250,000, and the total net proceeds, before expenses and after deducting the underwriting discounts described above, to us will be approximately $15,547,507.46 (based upon an assumed public offering price of $0.1880 per Unit).

Underwriting Discounts and Expenses

The following table shows the per Unit and total underwriting discounts we will pay to Aegis. These amounts are shown assuming both no exercise and full exercise of the underwriter’s option to purchase additional shares of common stock.

|                                    |     | Per  
 Unit |     | Total    
 No       
 Exercise |     | Full        
 Exercise(2) |
|:-----------------------------------|:----|:-----|:----|:---------|:----|:------------|
| Public                             
 offering price                     |     | $    |     | $        |     | $           |
| Underwriting                       
 discounts to be paid by us (7.0%): |     | $    |     | $        |     | $           |
| Non-accountable                    
 expense allowance (1.0%)(1)        |     | $    |     | $        |     | $           |
| Proceeds,                          
 before expenses, to us             |     | $    |     | $        |     | $           |

(1) We have agreed to pay a non-accountable expense allowance to Aegis equal to 1.0% of the gross proceeds received