{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-044282","form_type":"8-K/A","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2024-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.222788+00:00","generated_at":"2026-05-30T02:44:19.015035+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Digital Ally enters $3M private placement of notes and stock; cash runway only ~3 months","bullets":["Issued $3.6M senior secured notes and 808,377 common shares for $3.0M gross proceeds in private placement on Nov 7.","Net proceeds of ~$2.015M used to repay Mosh Man Note, ending public sale of collateral.","Remaining net proceeds expected to fund operations for only about three months; additional funding needed.","Company plans to sell its video solutions business in the short term to raise cash.","Must file registration statement within 30 days for public offering and resale of shares; proceeds to repay notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-044282","json":"https://secwatch.observer/filing/0001493152-24-044282.json","markdown":"https://secwatch.observer/filing/0001493152-24-044282.md","text":"https://secwatch.observer/filing/0001493152-24-044282.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315224044282/0001493152-24-044282-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315224044282/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:44:19.015035+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"}