---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036219"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:52:02.880976+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Digital Ally gets $265K advance, extends repayment, pays $50K fee under note amendment

## Summary
- Additional $265,000 advance added to principal under March 1, 2024 note with Mosh Man, LLC.
- September 12, 2024 payment of $100,000 extended to September 26; all other payment terms unchanged.
- Borrowers to pay a $50,000 waiver/default/extension fee, also added to principal.
- A new UCC-1 filing by any other creditor after September 11 automatically constitutes a default.
- Funds are to be used for pre-approved obligations; Purchaser may pay obligations directly.

## SEC filing metadata
- accession: 0001493152-24-036219
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315224036219/0001493152-24-036219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315224036219/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036219
- JSON: https://secwatch.observer/filing/0001493152-24-036219.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036219.txt

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