Digital Ally, Inc. Form 8-K Filing

This filing details Digital Ally, Inc.'s (the "Company") entry into and consummation of the subsequent closing of a Securities Purchase Agreement, originally dated September 15, 2025. At the subsequent closing on December 19, 2025, the Company issued Senior Secured Convertible Notes with an aggregate original principal amount of $267,500 and warrants. The notes carry a 7% original interest discount, resulting in $250,000 in gross proceeds for the Company, with an 8% interest rate. The warrants are exercisable for 147,128 shares of common stock at $2.124 per share and have a five-year term from the initial exercise date. A portion of the gross proceeds was placed in an escrow account to facilitate negotiations with a third party. The notes are convertible into common stock at a 10% discount to the volume-weighted average price prior to the initial closing and are senior to other indebtedness, secured by substantially all of the Company's assets. The filing also reports on the Company's annual meeting of stockholders held on December 19, 2025, where directors were elected, an independent auditor was ratified, and several proposals regarding stock transactions and executive compensation plans were approved.