Digital Ally amends common stock purchase agreement; will issue shares and cash for commitment fee

KUSTOM ENTERTAINMENT, INC.

On November 7, 2025, Digital Ally entered into the First Amendment to Common Stock Purchase Agreement with an investor.
The amendment requires payment of the Commitment Fee partly in shares (up to 19.99% of outstanding) and partly in cash from 30% of future financing proceeds.
The commitment shares are unregistered, issued under Section 4(a)(2) and Rule 506 of Regulation D, with restrictive legends.
Shares valuation uses 5-day VWAP ending after stockholder approval or resale registration effectiveness, with a cap at the full commitment fee.

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