secwatch.observer — SEC 8-K summary
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Issuer:     KUSTOM ENTERTAINMENT, INC. (KUST)
CIK:        0001342958
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001493152-26-018464
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342958/000149315226018464/0001493152-26-018464-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342958/000149315226018464/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-018464

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