Other Information.
−Removed: Form of Senior Secured Convertible Note, issued by Digital Ally, Inc.
−Removed: (incorporated by reference to Exhibit 4.1 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Warrant, issued by Digital Ally, Inc (incorporated by reference to Exhibit 4.2 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Securities Purchase Agreement between Digital Ally, Inc.
−Removed: and certain Purchaser (incorporated by reference to Exhibit 10.1 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Security Agreement between Digital Ally, Inc.
−Removed: and certain Purchasers (incorporated by reference to Exhibit 10.2 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Trademark Security Agreement between Digital Ally, Inc.
−Removed: and certain Purchasers (incorporated by reference to Exhibit 10.3 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Patent Security Agreement between Digital Ally, Inc.
−Removed: and certain Purchasers (incorporated by reference to Exhibit 10.4 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Subsidiary Guaranty by and among Digital Ally, Inc.
−Removed: and its direct and indirect subsidiaries (incorporated by reference to Exhibit 10.5 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Form of Registration Rights Agreement between Digital Ally, Inc.
−Removed: and certain Purchasers (incorporated by reference to Exhibit 10.6 to Company’s Current Report on Form 8-K with the SEC on April 7, 2023).
−Removed: Certificate of Stanton E.
+Added: On September 22, 2023, a trust, the beneficiaries of which are the Chief Executive Officer of TicketSmarter,
+Added: and his spouse, contributed cash in the amount of $2,325,000 to support TicketSmarter’s operations and to repay approved debts and
+Added: obligations of TicketSmarter in exchange for the TicketSmarter Related Party Note.
+Added: The TicketSmarter Related Party Note bears interest
+Added: of 13.25% per annum with weekly repayments of the principal amount of $54,000.00 each, together with accrued interest, for fifty weeks,
+Added: or until the principal is paid in full, commencing on January 2, 2024.
+Added: The use of proceeds of the TicketSmarter Related Party Note was
+Added: to resolve numerous outstanding payables at a discounted rate, the discount received is recognized as a gain on extinguishment of liabilities
+Added: on the statement of operations.
+Added: Additionally, these negotiations relieved TicketSmarter of numerous future obligations following fiscal
+Added: Loan and Security Agreement between Digital Ally, Inc., Digital Ally Healthcare, LLC and Kompass Kapital Funding, LLC (incorporated by reference to Exhibit 10.1 to Company’s Current Report on Form 8-K with the SEC on October 27, 2023).
+Added: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing between Digital Ally, Inc.
+Added: and Kompass Kapital Funding, LLC (incorporated by reference to Exhibit 10.2 to Company’s Current Report on Form 8-K with the SEC on October 27, 2023).
+Added: Revolving Note between Digital Ally, Inc., Digital Ally Healthcare, LLC and Kompass Kapital Funding, LLC (incorporated by reference to Exhibit 10.3 to Company’s Current Report on Form 8-K with the SEC on October 27, 2023).
+Added: Promissory Note between TicketSmarter, Inc.
+Added: and Jeff Goodman and Heather Goodman Joint Revocable Trust, dated September 22, 2023.
+Added: of Stanton E.
Ross pursuant to Rule 13a-14(a) under the Securities and Exchange Act of 1934, as amended.
−Removed: Certificate of Thomas J.
Heckman pursuant to Rule 13a-14(a) under the Securities and Exchange Act of 1934, as amended.
−Removed: Certificate of Stanton E.
+Added: of Stanton E.
Ross pursuant to Rule 13a-14(b) under the Securities and Exchange Act of 1934, as amended.
−Removed: Certificate of Thomas J.
Heckman pursuant to Rule 13a-14(b) under the Securities and Exchange Act of 1934, as amended.
6 unchanged sentences
Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit)
+Added: (*) Filed herewith.
accordance with SEC Release 33-8238, Exhibits 32.1 and 32.2 are being furnished and not filed.
1 unchanged sentence
the undersigned thereunto duly authorized.
−Removed: August 14, 2023
−Removed: DIGITAL ALLY, INC.
+Added: November 14, 2023
Executive Officer
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.