---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-043543"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T05:53:07.334567+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digital Ally receives default notice on $1.6M note; public sale of collateral moved to Nov 7, 2024

## Summary
- Missed $100,000 payment due Oct 10 triggered default and acceleration of ~$1.6M principal and interest.
- Softforge plans UCC Article 9 public sale of collateral on Nov 7, 2024 (originally Nov 5).
- Company disputes defaults and sale notice; intends to seek injunctive relief and damages.
- Outstanding note obligation approximately $1.6 million as of filing date.

## SEC filing metadata
- accession: 0001493152-24-043543
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315224043543/0001493152-24-043543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315224043543/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-043543
- JSON: https://secwatch.observer/filing/0001493152-24-043543.json
- Plain text: https://secwatch.observer/filing/0001493152-24-043543.txt

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