---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-021289"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T22:58:46.084288+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-021289
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315225021289/0001493152-25-021289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315225021289/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-021289
- JSON: https://secwatch.observer/filing/0001493152-25-021289.json
- Plain text: https://secwatch.observer/filing/0001493152-25-021289.txt

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