{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-038531","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.736115+00:00","generated_at":"2026-05-31T01:05:37.434775+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Digital Ally increases secured note to $2M, extends maturity to Nov 2024 or merger close","bullets":["Amended note principal raised from $1.425M to up to $2M; interest at 1.58% per month.","Maturity earlier of Nov 1, 2024 or Kustom Entertainment merger with Clover Leaf.","Existing defaults acknowledged; borrower owes $1,204,319.47 as of effective date.","Repayment: 50% of ticket revenue on first 9,000 tickets, then 10% until paid.","Extended $100k payment from Sep 26 to Oct 10, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-038531","json":"https://secwatch.observer/filing/0001493152-24-038531.json","markdown":"https://secwatch.observer/filing/0001493152-24-038531.md","text":"https://secwatch.observer/filing/0001493152-24-038531.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315224038531/0001493152-24-038531-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315224038531/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:05:37.434775+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}