---
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"
generated_at: "2026-05-22T07:21:35.862715+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Digital Ally completes 1-for-20 reverse split; Nasdaq panel grants continued listing with conditions

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-008972
- JSON: https://secwatch.observer/filing/0001641172-25-008972.json
- Plain text: https://secwatch.observer/filing/0001641172-25-008972.txt

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