Company: DGLY
Filing Date: 2025-01-23
Form Type: 424B3
Source: 0001493152-25-003413
Chunk: 27

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-23
Form: 424B3
Chunk 27
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 or our competitors;                                                                   |
| ● | announcements                                                                                                                          
 by the government relating to regulations that govern our industry;                                                                    |
| ● | sales                                                                                                                                  
 of our common stock or other securities by us or in the open market;                                                                   |
| ● | changes                                                                                                                                
 in the market valuations of other comparable companies; and                                                                            |
| ● | other                                                                                                                                  
 events or factors, many of which are beyond our control, including those resulting from such events, or the prospect of such events,   
 including war, terrorism and other international conflicts, public health issues including health epidemics or pandemics, such as      
 the COVID-19 pandemic, and natural disasters such as fire, hurricanes, earthquakes, tornados or other adverse weather and climate      
 conditions, whether occurring in the United States or elsewhere, could disrupt our operations, disrupt the operations of our suppliers 
 or result in political or economic instability.                                                                                        |

In addition, if the market for technology stocks or the stock market in general experiences loss of investor confidence, the trading price of our common stock could decline for reasons unrelated to our business, financial condition or operating results. The trading price of our common stock could also decline in reaction to events that affect other companies in our industry, even if these events do not directly affect us. Each of these factors, among others, could harm the value of our common stock. In the past, following periods of volatility in the market, securities class-action litigation has often been instituted against companies. Such litigation, if instituted against us, could result in substantial costs and diversion of management’s attention and resources, which could materially and adversely affect our business, operating results and financial condition.

| 16 |

If securities or industry analysts do not publish research or reports about our business, or publish negative reports about our business, our common stock price and trading volume could decline.

The trading market for our common stock may depend in part on the research and reports that securities or industry analysts may publish about us or our business, our market and our competitors. We do not have any control over such analysts. If one or more such analysts downgrade or publish a negative opinion of our common stock, the common stock price would likely decline. If analysts do not cover us or do not regularly publish reports on us, we may not be able to attain visibility in the financial markets, which could have a negative impact on our common stock price or trading volume.

In the event that our common stock is delisted from the Nasdaq Capital Market, U.S. broker-dealers may be discouraged from