KUSTOM ENTERTAINMENT, INC. (KUST): Nasdaq/NYSE listing notice — Digital Ally receives Nasdaq delisting notice for bid price below $1.00

KUSTOM ENTERTAINMENT, INC.

Received Nasdaq notice on Dec 20, 2024, for failing to meet minimum bid price of $1.00 for 30 consecutive business days.
Has 180-day compliance period until June 18, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
Failure to comply may lead to delisting; company may seek a second 180-day compliance period if eligible.
Company is evaluating measures to remedy the deficiency but cannot assure compliance or further extension.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

KUSTOM ENTERTAINMENT, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

December 20, 2024, Digital Ally, Inc. (the “Company”) received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), as the Company’s closing bid price for its common stock, par value $0.001 per share (“Common Stock”), was below $1.00 per share for the prior thirty (30) consecutive business days. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day compliance period, or until June 18, 2025 (the “Compliance Per

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KUSTOM ENTERTAINMENT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-24-052025

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