Kustom Entertainment announces 1-for-5 reverse stock split to meet Nasdaq $1 bid price requirement

KUSTOM ENTERTAINMENT, INC.

Reverse split at 1:5 effective April 22, 2026; outstanding shares reduced from 2,633,063 to ~526,613.
Authorized common shares cut from 66,666,666 to 13,333,333; preferred stock authorization unchanged.
Split aims to raise per-share price above $1.00 to maintain Nasdaq Capital Market listing.
New CUSIP number is 25382T606; split-adjusted trading begins April 22, 2026.
Record date April 7, 2026; fractional shares rounded up to nearest whole share.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

KUSTOM ENTERTAINMENT, INC.: Filed Certificate of Change to effect 1-for-5 reverse stock split and reduce authorized shares from 66,666,666 to 13,333,333 (effective 2026-04-22).

Change: charter amendment
Effective: 2026-04-22

Exact text from the filing

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Effective as of April 22, 2026, Kustom Entertainment, Inc. (the “Company”) filed a Certificate of Change (the “Certificate of Change”) to its Articles of Incorporation, as amended (the “Articles of Incorporation”) adopted by the Company’s Board of Directors (the “Board”) and filed with the Secretary of State of the State of Nevada on April 21, 2026, to effect a reverse stock split at a ratio of one-for-five (1-for-5)

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KUSTOM ENTERTAINMENT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-26-018464

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