Digital Ally subsidiaries guarantee $3.6M senior secured notes and stock issuance

KUSTOM ENTERTAINMENT, INC.

On Nov 6, 2024, Digital Ally agreed to issue $3.6M senior secured notes and 808,377 shares for ~$3.0M gross proceeds.
On Nov 13, 2024, subsidiaries TicketSmarter, Kustom 440, and Kustom Entertainment guaranteed the Notes.
The Secured Subsidiary Guarantee covers prompt payment and performance of all obligations to the Purchasers.
This guarantee secures the previously reported private placement, with proceeds before fees at $3.0M.

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