---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050465"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:18:12.868080+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Digital Ally shareholders approve reverse split (1:5-1:20) and warrant issuance of >20% shares

## Summary
- Four directors elected: Ross (781,147 for), Richie (700,960), Daughtery (830,210), Anderson (781,651); all with broker non-votes >1.3M.
- RBSM LLP ratified as auditor for FY2024: 1,881,891 for, 330,335 against.
- Securities purchase agreement approved (1,096,541 for, 179,865 against) allowing warrant exercise for >20% of outstanding shares.
- Reverse stock split authorized at board's discretion, ratio 1:5 to 1:20, to be implemented no later than December 16, 2025.
- Meeting quorum: 2,622,499 shares (53.68% of outstanding) on record date November 14, 2024.

## SEC filing metadata
- accession: 0001493152-24-050465
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315224050465/0001493152-24-050465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315224050465/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050465
- JSON: https://secwatch.observer/filing/0001493152-24-050465.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050465.txt

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