KUSTOM ENTERTAINMENT, INC. (KUST): Nasdaq/NYSE listing notice — Digital Ally receives Nasdaq delisting determination; stock below $0.10 for 10 days; to appeal

KUSTOM ENTERTAINMENT, INC.

On March 6, 2025, Nasdaq notified Digital Ally that its stock closed at $0.10 or less for 10 consecutive trading days, triggering the Low Priced Stocks Rule and a Staff Delisting Determination.
The company must request a hearing by March 13, 2025; trading will continue on Nasdaq pending the appeal and Panel decision.
Digital Ally is also non-compliant with Nasdaq's minimum bid price ($1) and stockholders' equity ($2.5M) requirements from prior notices.
The appeal hearing is typically scheduled 30-45 days after the request; no assurance of extension or favorable outcome.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

KUSTOM ENTERTAINMENT, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iii)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)(iii)

Exact text from the filing

March 6, 2025, the Company received notice (the “March 6 Letter”) from the Staff that the Staff had determined that as of March 5, 2025, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days triggering application of Listing Rule 5810(c)(3)(A)(iii) which states in part: if during any compliance period specified in Rule 5810(c)(3)(A), a company’s security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with respect to that secu

View on SEC.gov

Browse all listing & compliance notices →

KUSTOM ENTERTAINMENT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-25-009566

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.