{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-008972","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.030478+00:00","generated_at":"2026-05-22T07:21:35.862715+00:00","sec_items":["5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Digital Ally completes 1-for-20 reverse split; Nasdaq panel grants continued listing with conditions","bullets":["Reverse stock split 1-for-20 effective May 6; trading on Nasdaq begins May 7 split-adjusted.","Stockholders approved reverse split; proposal to increase authorized shares to 5.01B failed.","Nasdaq Hearings Panel granted continued listing subject to $2.5M equity by May 20 and $1.00 bid by June 6.","Company warns no assurance it can meet Nasdaq conditions; compliance required through Sep 2, 2025.","Special meeting also approved issuance of Series A and B warrants from Feb 2025 offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-008972","json":"https://secwatch.observer/filing/0001641172-25-008972.json","markdown":"https://secwatch.observer/filing/0001641172-25-008972.md","text":"https://secwatch.observer/filing/0001641172-25-008972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000164117225008972/0001641172-25-008972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000164117225008972/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T07:21:35.862715+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}