Company: DGLY
Filing Date: 2025-02-11
Form Type: S-1/A
Source: 0001493152-25-005949
Chunk: 151

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-11
Form: S-1/A
Chunk 151
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 sell to the underwriter and the underwriter has agreed to purchase, at the public offering price less the underwriting discounts and commissions set forth on the cover page of this prospectus, the following number of Units:

| Underwriter   |     | Number of Units |     | Number              
 of Pre-Funded Units |
| Aegis         
 Capital Corp. |     |                 |     |                     |

The underwriting agreement provides that the underwriter’s obligation to purchase Units and Pre-Funded Units, as the case may be, depends on the satisfaction of the conditions contained in the underwriting agreement including:

| ● | the                                                                    
 representations and warranties made by us to the underwriter are true; |
| ● | there                                                                  
 is no material change in our business or the financial markets; and    |
| ● | we                                                                     
 deliver customary closing documents to the underwriter.                |

The underwriter has agreed to purchase all of the Units and Pre-Funded Units offered by this prospectus (other than those covered by the over-allotment option described below), if any are purchased under the underwriting agreement.

The underwriter is offering the Units and Pre-Funded Units subject to various conditions and may reject all or part of any order. The underwriter has advised us that it proposes to offer the Units and Pre-Funded Units directly to the public at the public offering price per Unit and Pre-Funded Unit that appears on the cover page of this prospectus. In addition, the representative may offer some of the Units and Pre-Funded Units to other securities dealers at such price less a concession of $ per Unit and $ per Pre-Funded Unit. After the Units are released for sale to the public, the representative may change the offering price and other selling terms at various times.

Over-Allotment Option

Solely to cover over-allotments, if any, the Company has granted the underwriter an option to purchase additional shares of common stock and/or Warrants of (i) up to 15% of the number of shares of common stock sold in the offering, (ii) up to 15% of the number of Series A Warrants sold in the offering and (iii) up to 15% of the number of Series B Warrants sold in the offering. The underwriter may exercise this option in whole or in part at any time within forty-five calendar days after the date of this prospectus. The underwriter may exercise the over-allotment option with respect to shares of common stock only,