{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-042723","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2024-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.222994+00:00","generated_at":"2026-05-30T09:37:23.162304+00:00","sec_items":["2.04"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Digital Ally receives default notice over missed $100K payment, faces collateral sale on Nov 5, 2024","bullets":["Missed $100,000 payment due Oct 10, 2024 triggered default under Senior Secured Promissory Note.","Administrative agent Softforge accelerated all ~$1.6M principal + interest and demands lockbox control.","Softforge scheduled a UCC Article 9 public sale of collateral for Nov 5, 2024 at 11:00 AM ET.","Company disputes defaults and intends to seek injunctive relief and damages."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-042723","json":"https://secwatch.observer/filing/0001493152-24-042723.json","markdown":"https://secwatch.observer/filing/0001493152-24-042723.md","text":"https://secwatch.observer/filing/0001493152-24-042723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315224042723/0001493152-24-042723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315224042723/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:37:23.162304+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"}