---
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"
generated_at: "2026-05-26T10:45:54.742740+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digital Ally closes $15M public offering of units and pre-funded warrants; net proceeds ~$13.48M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-007233
- JSON: https://secwatch.observer/filing/0001493152-25-007233.json
- Plain text: https://secwatch.observer/filing/0001493152-25-007233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.