KUSTOM ENTERTAINMENT, INC. (KUST): Nasdaq/NYSE listing notice — Digital Ally faces Nasdaq delisting over negative equity of $2.45M

KUSTOM ENTERTAINMENT, INC.

On Jan 2, 2025, Nasdaq notified Digital Ally of non-compliance with Listing Rule 5550(b)(1) due to stockholders' equity of ($2,448,310) as of Sept 30, 2024, below $2.5M minimum.
Company also failed alternative compliance standards: market value of listed securities or net income from continuing operations.
Company has 45 days to submit a compliance plan; Nasdaq may grant up to 180-day extension if plan accepted.
No immediate effect on trading under symbol DGLY; company evaluating options to regain compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

KUSTOM ENTERTAINMENT, INC. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

November 27, 2024, Digital Ally, Inc. (the “Company”) received a notice from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q fo

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

KUSTOM ENTERTAINMENT, INC. received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

January 2, 2025, Nasdaq delivered a written notification notifying the Company that it had regained compliance with the Quarterly Report Requirement. Minimum Stockholders’ Equity Standard On January 2, 2025, the Company

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97 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

KUSTOM ENTERTAINMENT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-25-000238

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