secwatch.observer — SEC 8-K summary
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Issuer:     KUSTOM ENTERTAINMENT, INC. (KUST)
CIK:        0001342958
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001493152-24-052025
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Ally receives Nasdaq delisting notice for bid price below $1.00
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342958/000149315224052025/0001493152-24-052025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342958/000149315224052025/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-052025

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