secwatch.observer — SEC 8-K summary
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Issuer:     KUSTOM ENTERTAINMENT, INC. (KUST)
CIK:        0001342958
Form:       8-K
Filed at:   2023-01-04T23:59:59+00:00
Accession:  0001493152-23-000241
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342958/000149315223000241/0001493152-23-000241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342958/000149315223000241/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-000241

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