Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 223

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 223
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ized for income tax filing purposes. The results of operations of acquired businesses are included in the consolidated financial statements from the acquisition date.

| F-43 |

The purchase price of the Medical Billing Acquisition was allocated to the tangible assets, and assumed liabilities based on their preliminary estimated fair values at the time of the Medical Billing Acquisition. The preliminary and final estimated fair value of assets acquired, and liabilities assumed in the Medical Billing Acquisition were as follows:

SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ACQUISITION

| Description                                                 
 Assets acquired:                                            |     | Preliminary As 
 allocated      
 Purchase price 
 allocation     
 Preliminary As 
 allocated      
 September 30,  
 2021           |           |   |     | Final As      
 allocated     
 Final As      
 allocated     
 September 30, 
 2022          |           |   |
|:------------------------------------------------------------|:----|:---------------|----------:|:--|:----|:--------------|----------:|:--|
| Tangible assets acquired                                    |     | $              |   401,547 |   |     | $             |   401,547 |   |
| Identifiable intangible assets acquired - client agreements |     |                |         - |   |     |               |   206,955 |   |
| Goodwill                                                    |     |                | 2,920,000 |   |     |               | 2,713,045 |   |
| Liabilities assumed pursuant to stock purchase agreement    |     |                |  (401,547 | ) |     |               |  (401,547 | ) |
| Net assets acquired and liabilities assumed                 |     | $              | 2,920,000 |   |     | $             | 2,920,000 |   |
| Consideration:                                              |     |                |           |   |     |               |           |   |
| Cash paid at Healthcare Acquisition date                    |     | $              | 2,270,000 |   |     | $             | 2,270,000 |   |
| Contingent consideration earn-out agreement                 |     |                |   650,000 |   |     |               |   650,000 |   |
| Total Healthcare Acquisition purchase price                 |     | $              | 2,920,000 |   |     | $             | 2,920,000 |   |

The following table sets forth the