{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-000238","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.395799+00:00","generated_at":"2026-05-28T12:58:12.804838+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Digital Ally faces Nasdaq delisting over negative equity of $2.45M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-000238","json":"https://secwatch.observer/filing/0001493152-25-000238.json","markdown":"https://secwatch.observer/filing/0001493152-25-000238.md","text":"https://secwatch.observer/filing/0001493152-25-000238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315225000238/0001493152-25-000238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315225000238/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T12:58:12.804838+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b3e09f41ba348fffa302f242930890b063caac5","claim":"KUSTOM ENTERTAINMENT, INC. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1342958/000149315225000238/0001493152-25-000238-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"dccac6cfac99f57cc1620885213d127ea388483b","claim":"KUSTOM ENTERTAINMENT, INC. received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1342958/000149315225000238/0001493152-25-000238-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}