Company: DGLY
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011765
Chunk: 237

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 2
Chunk 237
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over financial reporting.

PART II – OTHER INFORMATION

Item 1. Legal Proceedings.

The information regarding certain
legal proceedings in which we are involved as set forth in Note 9 – Commitments and Contingencies of the Notes to the Condensed
Consolidated Financial Statements (Part I, Item 1 of this Quarterly Report on Form 10-Q) is incorporated by reference into this Item 1.

In addition to such legal proceedings,
we are faced with or involved in various other claims and legal proceedings arising in the normal course of our businesses. At this time,
we do not believe any material losses under such other claims and proceedings to be probable. While the ultimate outcome of such claims
or legal proceedings cannot be predicted with certainty, it is in the opinion of management, after consultation with legal counsel, that
the final outcome in such proceedings, in the aggregate, would not have a material adverse effect on our consolidated financial condition,
results of operations or cash flows.

Item 1A. Risk Factors.

As a smaller reporting company,
we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

There were no unregistered sales
of equity securities during the three months ended March 31, 2025 that were not disclosed by the Company on a Current Report on Form 8-K.

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Item 3. Defaults upon Senior Securities.

There were no defaults upon senior
securities during the three months ended March 31, 2025 that were not disclosed by the Company on a Current Report on Form 8-K.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Not applicable.

Item 6. Exhibits.

    (a)
    Exhibits:

    Exhibit Number
     
    Description of Exhibit

    3.1
     
    Certificate of Amendment to Articles of Incorporation of Digital Ally, Inc. (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K with the SEC on May 7, 2025).

    4.1
     
    Form of Pre-Funded Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K with the SEC on February 18, 2025).

    4.2
     
    Form of Series A Warrant (incorporated by reference to Exhibit 4.