Company: DGLY
Filing Date: 2025-03-07
Form Type: 8-K
Source: 0001493152-25-009566
Chunk: 1

Company: DIGITAL ALLY, INC.
Filing Date: 2025-03-07
Form: 8-K
Item: Item 3.01
Chunk 1
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 “ Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series.
The Company must request a hearing no later than 4:00 p. m. Eastern Time on March 13, 2025.

The
Company will request a hearing before the Panel to appeal the March 6 Letter and to address all outstanding matters, including compliance
with the Minimum Bid Price Requirement, the Low Priced Stocks Rule and the Stockholders’ Equity Requirement, which hearing date
has not been set as of the date of this Form 8-K. While the appeal process is pending, the suspension of trading of the Company’s
common stock, par value $0.001 per share (the “ Common Stock”), will be stayed and the Common Stock will continue to trade
on the Nasdaq Capital Market until the hearing process concludes and the Panel issues a written decision. The Company has been informed
that hearings are typically scheduled to occur approximately 30-45 days after the date of the hearing request. There are no assurances
however, that an extension will be granted or that a favorable decision will be obtained from the Panel.

Forward-Looking
Statements