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.

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