---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000241"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2023-01-04T23:59:59+00:00"
generated_at: "2026-06-20T20:13:04.481057+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digital Ally gets Nasdaq extension to July 3, 2023 for minimum bid price compliance

## Summary
- Nasdaq approved second 180-day period; new deadline is July 3, 2023.
- Company failed minimum bid price rule since July 7, 2022; original period ended Jan 3, 2023.
- Company evaluating measures to regain compliance, but no assurance of success.
- Failure to comply could lead to delisting from Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001493152-23-000241
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2023-01-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315223000241/0001493152-23-000241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315223000241/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000241
- JSON: https://secwatch.observer/filing/0001493152-23-000241.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000241.txt

## Key facts
- Listing & Compliance Notices
  KUSTOM ENTERTAINMENT, INC. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: January 4, 2023, Nasdaq approved the Company’s request for a second 180-day period, or until July 3, 2023, to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance within the allotted compliance period(s), including any further extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting from the Nasdaq Capital Market. The Company intends to continuously monitor the closing bid price for its Common Stock and is in the process of considering various measures to resolve the deficiency and reg
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342958/000149315223000241/0001493152-23-000241-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.