{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-007233","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2025-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.396271+00:00","generated_at":"2026-05-26T10:45:54.742740+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Digital Ally closes $15M public offering of units and pre-funded warrants; net proceeds ~$13.48M","bullets":["Closed offering of 7.85M units at $0.15/unit plus 92.15M pre-funded units at $0.149/unit; gross proceeds $15M, net ~$13.48M.","Each unit includes 1 share common, 1 Series A warrant ($0.1875 exercise) and 1 Series B warrant ($0.30 exercise); pre-funded units include pre-funded warrant.","Warrants exercisable only after stockholder approval; Series A expires 5 years, Series B 2.5 years after approval.","Net proceeds to be used for working capital, pay merchant advance, and pay senior secured promissory notes from Nov 2024 private placement.","Underwriter Aegis exercised over-allotment for 15M Series A and 15M Series B warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-007233","json":"https://secwatch.observer/filing/0001493152-25-007233.json","markdown":"https://secwatch.observer/filing/0001493152-25-007233.md","text":"https://secwatch.observer/filing/0001493152-25-007233.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315225007233/0001493152-25-007233-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315225007233/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T10:45:54.742740+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}