Every 8-K that Digital Ally, Inc. (DGLY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DGLY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DGLY filings page.
Kustom Entertainment, Inc. is implementing a 1-for-5 reverse stock split of its common stock and a proportional reduction in authorized shares. Every five pre-split shares convert into one post-split share, with fractional shares rounded up to the nearest whole share.
The reverse split and capital stock reduction took effect on April 22, 2026, with trading on the Nasdaq Capital Market beginning on a split-adjusted basis the same day under a new CUSIP. Outstanding common shares are reduced from 2,633,063 to 526,613, while authorized common shares decline from 66,666,666 to 13,333,333. The company states the split is intended to help meet Nasdaq’s minimum $1.00 bid price requirement.
Kustom Entertainment, Inc. has entered into a revised, non-binding Memorandum of Understanding with Cycurion, Inc. to sell Kustom’s legacy video solutions segment for an aggregate purchase price of $5,500,000, including a $1,250,000 cash down payment payable at closing.
The parties have moved into the final stage of the transaction and currently anticipate closing on or prior to June 30, 2026, subject to definitive documentation, customary closing conditions, and any required regulatory approvals. A 30-day no-shop exclusivity period is in place while they finalize an Asset Purchase Agreement.
Management describes the divestiture as a way for Kustom to focus on core growth initiatives in live event production and ticketing technology, while Cycurion views the acquisition as a cornerstone of its portfolio expansion and plans to integrate the camera and software solutions into its broader cybersecurity and AI offerings.
Kustom Entertainment, Inc. filed an 8-K furnishing its earnings release for the year ended December 31, 2025, highlighting sharply improved results and a strategic refocus on live entertainment and ticketing.
Revenue from continuing operations reached approximately $13.76 million, while net loss from continuing operations narrowed to about $5.96 million, an improvement of roughly $11.95 million from the prior year’s $17.90 million loss. SG&A expenses fell by $2.28 million to roughly $12.23 million, even after a one-time, non-cash $2.54 million goodwill and intangible impairment charge. Non-operating income increased by $11.44 million, driven by a $4.58 million favorable change in warrant derivative liabilities and a $2.72 million reduction in interest expense.
Total stockholders’ equity rose by $11.4 million and net working capital improved by $17.9 million. The company advanced its pivot away from legacy businesses by closing the sale of its loss-making medical billing revenue cycle management segment effective January 1, 2026, and signing a non-binding MOU to sell its legacy video solutions division to Cycurion, Inc. for an expected $6.0–$8.5 million. The release also notes Forbes Advisor recognition of TicketSmarter as a “Best Resale Site for Tickets” and announces the 30th anniversary Country Stampede festival lineup.
Kustom Entertainment, Inc. filed an amended current report to revise a prior disclosure about a potential business change. The amendment reclassifies an earlier filing from Item 5.02 to Item 8.01, which is used for other important events.
The company previously announced that it signed a non-binding Memorandum of Understanding with Cycurion, Inc. for a contemplated divestiture of its Video Solutions Segment. That potential divestiture, along with references to its live event production business and proprietary online ticketing platform, is described in a press release attached as Exhibit 99.1. The filing highlights that these statements are forward-looking and subject to risks and uncertainties, meaning the contemplated transaction may not occur as currently described.
Kustom Entertainment, Inc. updated 2026 compensation for its top executives and directors. The Compensation Committee set annual base salaries for President and CEO Stanton E. Ross and COO Peng Han at $200,000 each, and for CFO, Treasurer and Secretary Thomas J. Heckman at $90,000. Each executive will be eligible for a performance-based cash bonus of up to $250,000 for 2026, to be evaluated periodically during the year.
The Committee also granted stock options under the 2022 Stock Option and Restricted Stock Plan, subject to the effectiveness of a Form S-8. Ross received options for 58,333 shares, while Han and Heckman each received options for 22,500 shares, all with an exercise price of $2.04 per share, the Nasdaq closing price on January 22, 2026. These options vest in full on January 22, 2027 if the recipients remain officers on that date.
For the Board, Leroy C. Richie was granted options for 5,000 shares, and Duke Daughtery and Charles Anderson each received options for 3,333 shares, also at an exercise price of $2.04 per share and vesting in full on January 22, 2027, conditioned on continued Board service.
Kustom Entertainment, Inc. reported that it has signed a non-binding Memorandum of Understanding with Cycurion, Inc. for a contemplated divestiture of its Video Solutions Segment. This indicates the company is exploring a potential sale or similar transaction involving that business line, though terms and structure are not finalized.
The update comes via a press release attached as an exhibit, and the company emphasizes that statements about the MOU and its business plans are forward-looking and subject to significant risks and uncertainties. There is no assurance the divestiture will be completed or that the company’s stock price will reflect its underlying value.
Kustom Entertainment, Inc., through its subsidiary Digital Ally Healthcare, sold its entire 51,000-unit ownership stake in Nobility Healthcare, LLC for total consideration of $1,450,000. The buyer, Nobility LLC, is affiliated with the holder of the remaining 49,000 units, consolidating full ownership of Nobility Healthcare.
The price consists of a $1,140,499 promissory note to the seller, $100,000 in cash at closing, and $209,501 of credits tied to prior advances and net working capital. The company provided unaudited pro forma financial statements to show how this sale would have affected its balance sheet and results as of September 30, 2025 and for the year ended December 31, 2024, and referenced a press release announcing completion of the transaction.
Kustom Entertainment, Inc., formerly Digital Ally, Inc., reported that it completed a 1-for-3 reverse stock split of its common stock effective January 8, 2026. Every three pre-split shares were combined into one post-split share, reducing outstanding common shares from 2,402,498 to 801,006, with any fractional shares rounded up to the nearest whole share. The split became effective at 12:01 a.m. Eastern Time, and the stock began trading on Nasdaq on a split-adjusted basis the same day, with a new CUSIP number 25382T 507.
The company also changed its corporate name from Digital Ally, Inc. to Kustom Entertainment, Inc., effective January 8, 2026, and updated its Nasdaq trading symbol from “DGLY” to “KUST”. The board amended the company’s bylaws solely to reflect the new name, without requiring stockholder approval. The name and symbol changes do not affect stockholder rights, and no action is required from stockholders.
Digital Ally, Inc. completed a subsequent closing of its senior secured convertible note financing, issuing notes with an aggregate original principal of $267,500 for gross proceeds of $250,000 and attached warrants for 147,128 common shares at an exercise price of $2.124 per share. The notes bear 8% interest, include a 7% original issue discount, are convertible at a 10% discount to the five-day volume-weighted average price before the initial closing, and may be redeemed at 110% of outstanding principal, and are secured by substantially all company assets and guaranteed by most subsidiaries. At its annual meeting, stockholders elected four directors, ratified the auditor, approved transactions that may involve issuing 20% or more of outstanding common stock under prior financing agreements and an equity line, increased the 2022 equity plan reserve by 375,000 shares, and supported annual advisory votes on executive compensation.
Digital Ally, Inc. filed an 8-K/A to add Item 3.02 and disclose a First Amendment to its Common Stock Purchase Agreement with an investor. The amendment provides that the commitment fee will be paid partly in Commitment Shares equal to 19.99% of the common shares outstanding on the Purchase Agreement’s execution date, with the value per share based on the 5-day VWAP ending on the 10th trading day after the later of stockholder approval or the effectiveness of the resale registration statement, capped at the full commitment fee and subject to a Beneficial Ownership Limitation.
The remaining portion of the commitment fee will be paid in cash using 30% of proceeds from subsequent financings, including the Purchase Agreement. The Commitment Shares were issued as unregistered securities in reliance on Section 4(a)(2) and Rule 506 of Regulation D, with restrictive legends and no general solicitation.
Digital Ally, Inc. filed a current report stating that on November 12, 2025 it issued a press release titled “Digital Ally, Inc. Announces Third Quarter Operating Results.” The press release, attached as Exhibit 99.1, provides details on the company’s third quarter operating performance and financial condition.
The company notes that the information in this report and the press release is being furnished, not filed, under securities laws, which affects how it may be used in other regulatory filings. The report also highlights that the press release contains forward-looking statements along with cautionary language about factors that could cause actual results to differ from expectations.
Digital Ally, Inc. entered into a First Amendment to its Common Stock Purchase Agreement with an investor effective November 7, 2025. The amendment sets how the Commitment Fee will be paid: a portion in shares of common stock equal to 19.99% of the shares outstanding on September 15, 2025, with the value per share based on the 5-day VWAP ending on the tenth trading day after the later of stockholder approval or the resale registration becoming effective, capped at the full commitment fee and subject to the agreement’s Beneficial Ownership Limitation. The remaining balance of the fee will be paid in cash using 30% of proceeds from subsequent financings, including the purchase agreement.
The company filed the form of this amendment as an exhibit. The structure combines stock and cash components tied to future corporate milestones and financing activity.
Digital Ally, Inc. entered into a senior secured convertible note and warrant financing and a separate committed equity facility to access additional capital. On September 15, 2025, the company issued notes with an aggregate original principal of $806,451.61 at a 7% original issue discount for gross proceeds of $750,000, bearing 8% interest, together with warrants for 476,569 common shares at an exercise price of $2.124 per share. A second closing for an additional $250,000 of notes and warrants may occur if conditions are met. The notes are convertible at a 10% discount to the five-day volume-weighted average price and may be redeemed by the company at 110% of principal, and are secured by substantially all assets and subsidiary guarantees, with specified exceptions.
The company also put in place an equity line of credit under which an investor has committed to purchase up to $25,000,000 of common stock over a term of up to 36 months, at a price equal to 92% of the lowest daily trading price over a three-day valuation period per draw, subject to ownership caps, Nasdaq exchange limits, and trading-volume based size formulas. The facility includes a 3% commitment fee, partly payable in shares and partly in cash from a portion of future financing proceeds, and requires registration of resale shares and compliance with leak-out, no-variable-rate and no-short-sale covenants.