Digital Ally effectuates 1-for-100 reverse stock split effective May 22, 2025

KUSTOM ENTERTAINMENT, INC.

Reverse stock split ratio of 1-for-100 became effective at 5:30 p.m. ET on May 22, 2025.
Common stock to begin trading on split-adjusted basis on Nasdaq at market open May 23, 2025.
No fractional shares issued; stockholders receiving fractional shares will receive a whole share.
Total authorized shares unchanged; new CUSIP number for common stock is 25382T408.
Stockholders of record to receive instructions from transfer agent Securities Transfer Corporation.

Key facts

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

KUSTOM ENTERTAINMENT, INC.: Filed a Certificate of Amendment to effect a 1-for-100 reverse stock split of common stock (effective 2025-05-22).

Change: charter amendment
Effective: 2025-05-22

Exact text from the filing

On May 22, 2025, Digital Ally, Inc. (the “Company”), acting pursuant to authority received at a special meeting of its stockholders on May 6, 2025, filed with the Secretary of State of the State of Nevada a certificate of amendment (the “Charter Amendment”) to its articles of incorporation, as amended (the “Articles of Incorporation”), to effect a one (1)-for-one hundred (100) share reverse split (the “Reverse Stock Split”) of all of the Company’s outstanding shares of common stock, par value $0.001 per share (the “Common Stock”).

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KUSTOM ENTERTAINMENT, INC. filing history →

Source: SEC EDGAR

accession 0001641172-25-012184

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