Company: DGLY
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021680
Chunk: 58

Company: DIGITAL ALLY, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 58
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 2025 and December 31, 2024, respectively
and the weighted average remaining term was 45.6 and 42.6 months as of September 30, 2025 and 2024, respectively.

The
following table summarizes the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable
warrants to purchase shares of Common Stock as of September 30, 2025:

 SCHEDULE OF RANGE OF EXERCISE PRICES AND WEIGHTED AVERAGE REMAINING CONTRACTUAL LIFE OF WARRANTS

    Outstanding and exercisable warrants 
  
    Exercise price  
    Number of warrants  
    Weighted
                                                                               average remaining contractual life 
  
    $—  
     37  
     2.1 years 
  
    $2.124  
     476,569  
     5.0 years 
  
    $62.00  
     347,796  
     4.6 years 
  
    $1,004.00  
     2,989  
     3.7 years 
  
    $11,000,00  
     188  
     2.5 years 
  
    $13,000.00  
     188  
     2.5 years 
  
    $15,000.00  
     186  
     2.5 years 

     827,953  
     4.8 years 

September
2025 Detachable Purchase Warrants

On
September 15, 2025, the Company entered into a Securities Purchase Agreement with an institutional investor, pursuant to which the Company
issued Senior Secured Convertible Notes (the “September 2025 Notes”) with an aggregate original principal amount of $806,451
and detachable common stock purchase warrants to purchase 476,569 shares of the Company’s common stock at an exercise price of
$2.124 per share. The detachable common stock purchase warrants have a term of 5 years from the date of issuance.

February
2025 Purchase Warrants

On
February 13, 2025, the Company issued pre-funded units, each consisting of one-prefunded warrant (to purchase a total of 49,075 shares
of Common Stock), one Series A warrant and one Series B warrant along with the sale of units, each consisting of one share of Common
Stock, one Series A warrant and one Series