Exhibit 107
Calculation of Filing Fee Tables
Form S-3
(Form Type)
Digital Ally, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit(2) | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial Effective Date | Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward | |||||||||||||||||||||||||||||||||
| Newly Registered Securities | ||||||||||||||||||||||||||||||||||||||||||||
| Fees to be paid | Equity | Common stock, $0.001 par value per share, issuable upon full conversion of a senior secured convertible note | Rule 457(g) | 800,000(3 | ) | $ | 5.00 | $ | 4,000,000 | .0001102 | $ | 440.80 | ||||||||||||||||||||||||||||||||
| Equity | Common stock, $0.001 par value per share, issuable upon full exercise of common stock purchase warrants | Rule 457(g) | 375,000 (4 | ) | $ | 5.50 | $ | 2,062,500 | .0001102 | $ | 227.29 | |||||||||||||||||||||||||||||||||
| Equity | Common stock, $0.01 par value per share, issuable upon full exercise of common stock purchase warrants | Rule 457(g | ) | 375,000 (4 | ) | $ | 6.50 | $ | 2,437,500 | .0001102 | $ | 268.61 | ||||||||||||||||||||||||||||||||
| Equity | Common stock, $0.01 par value per share, issuable upon full exercise of common stock purchase warrants | Rule 457(g | ) | 375,000 (4 | ) | $ | 7.50 | $ | 2,812,500 | .0001102 | $ | 309.94 | ||||||||||||||||||||||||||||||||
| Fees Previously Paid | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||
| Carry Forward Securities | ||||||||||||||||||||||||||||||||||||||||||||
| Carry Forward Securities | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||
| Total Offering Amounts | $ | 11,312,500 | $ | 1,246.64 | ||||||||||||||||||||||||||||||||||||||||
| Total Fees Previously Paid | — | |||||||||||||||||||||||||||||||||||||||||||
| Total Fee Offset | — | |||||||||||||||||||||||||||||||||||||||||||
| Net Fee Due | $ | 1,246.64 | ||||||||||||||||||||||||||||||||||||||||||
| (1) | Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), includes any additional shares of common stock, par value $0.001 per share (the “Common Stock”), of Digital Ally, Inc. (the “Registrant”) that may from time to time be offered or issued to prevent dilution from any stock dividend, stock split, recapitalization or other similar transaction effected without receipt of consideration that increases the number of outstanding shares of Common Stock. |
| (2) | Calculated pursuant to Rule 457(g) of the Securities Act, represents the conversion price of the Notes and the exercise price of the warrants. |
| (3) | Represents shares of Common Stock to be offered for resale by the selling stockholders named in the Registration Statement and which are issuable upon conversion of that certain senior secured convertible note, as amended, issued by the Registrant to the selling stockholders on April 5, 2023 (the “Note”), which is the maximum number of shares of Common Stock that may be issuable upon full conversion of the Note without obtaining Stockholder Approval (as defined in that certain securities purchase agreement, dated as of April 5, 2023, by and between the Registrant and such selling stockholders). |
| (4) | Represents shares of Common Stock issuable upon the full exercise of certain common stock purchase warrants that were issued on April 5, 2023 to the selling stockholders named in the Registration Statement. |
