---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-003871"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:42:12.217064+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Digital Ally effects 1-for-20 reverse stock split effective Feb 6, 2023

## Summary
- Certificate of Amendment filed with Nevada Secretary of State on Feb 6, 2023 to effect 1:20 reverse split.
- Common stock to begin trading split-adjusted on Nasdaq on Feb 8, 2023; new CUSIP 25382T200.
- Split approved at Dec 7, 2022 annual meeting; Board set ratio on Jan 13, 2023.
- Fractional shares rounded up; warrants and equity awards adjusted accordingly.
- Company anticipates split will aid in regaining compliance with Nasdaq minimum bid price requirement.

## SEC filing metadata
- accession: 0001493152-23-003871
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315223003871/0001493152-23-003871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315223003871/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-003871
- JSON: https://secwatch.observer/filing/0001493152-23-003871.json
- Plain text: https://secwatch.observer/filing/0001493152-23-003871.txt

## Key facts
- Governance Changes
  KUSTOM ENTERTAINMENT, INC.: Filed certificate of amendment to effect a one-for-twenty reverse stock split of common stock (effective 2023-02-06).
  - Change: charter amendment
  - Effective: 2023-02-06
  source text: On February 6, 2023, Digital Ally, Inc. (the “Company”), acting pursuant to authority received at the annual meeting of its stockholders on December 7, 2022, filed a certificate of amendment (the “Certificate of Amendment”) to its articles of incorporation, as amended (the “Articles of Incorporation”), to effect a one-for-twenty reverse stock split (the “Reverse Stock Split”) of all of the Company’s outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), effective as of the time of filing (the “Effective Time”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342958/000149315223003871/0001493152-23-003871-index.htm

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