Digital Ally amends ELOC with Yield Point: commitment fee due Nov 7, paid in shares/cash

KUSTOM ENTERTAINMENT, INC.

Commitment Fee now due on amendment date (Nov 7, 2025) instead of after registration effective date.
Fee paid as shares equal to 19.99% of outstanding, valued at 5-day VWAP capped at full fee, plus cash from 30% of future financing proceeds.
If cash portion unpaid after 6 months, company may pay in cash or freely tradable shares at its election, VWAP-based.
Floor price set at 20% of Nasdaq Minimum Price if company elects share payment after stockholder approval.
Beneficial ownership limitation applies; excess shares held in abeyance until investor notice.

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.