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Prospectus Supplement No. 3
(Prospectus Supplement No. 1 dated July 16, 2009
and Prospectus dated July 8, 2009)
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Filed pursuant to Rule 424(b)(2)
Registration Statement No. 333-159880
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DIGITAL ANGEL CORPORATION
41,366 Shares of Common Stock
Pursuant to this prospectus supplement, the accompanying prospectus supplement and the
accompanying base prospectus, we are offering 41,366 shares of common stock to YA Global Master SPV
Ltd., or YA Global, at a price of approximately $1.36 per share, pursuant to our previously
announced Standby Equity Purchase Agreement, or SEDA, dated July 10, 2009 with YA Global. The
shares are being issued as part of the commitment by YA Global to purchase from time to time, at
our option, up to $5,000,000 of shares of our common stock pursuant to the SEDA as described in
Prospectus Supplement No. 1. We expect to issue the shares to YA Global on or about July 28, 2009.
In addition to our issuance of common shares to YA Global pursuant to the SEDA, this
prospectus supplement, the accompanying prospectus supplement and the accompanying prospectus also
cover the resale of those shares by YA Global to the public. YA Global may be deemed to be an
underwriter within the meaning of the Securities Act of 1933, as amended.
Our common stock is quoted on the Nasdaq Capital Market under the symbol DIGA. On July 27,
2009, the last reported sale price of our common stock on the Nasdaq Capital Market was $1.45 per
share. After giving effect to the issuance of the shares described in this prospectus supplement,
YA Global has purchased an aggregate of 41,366 shares of our common stock under the SEDA and
received 87,788 shares to pay the SEDA commitment fee. We have offered only these securities
pursuant to General Instruction I.B.6. of Form S-3 during the prior 12 calendar month period.
Investing in our securities involves a high degree of risk.
See Risk Factors beginning on page S-3 of the accompanying prospectus supplement.
Neither the Securities and Exchange Commission nor any state securities commission has
approved or disapproved of these securities or passed upon the adequacy or accuracy of this
prospectus supplement or the accompanying base prospectus. Any representation to the contrary is a
criminal offense.
The date of this prospectus supplement is July 28, 2009.