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Yield Point NY LLC and Yisroel Ari Kluger report updated beneficial ownership of Kustom Entertainment, Inc. common stock. They beneficially own 41,581 shares of common stock, all issuable upon exercise of common stock purchase warrants, representing 1.4% of the class based on 2,856,860 shares outstanding as of June 30, 2026. Voting and dispositive power over these shares is shared, with no sole voting or dispositive power reported. The filing is described as an exit filing and confirms that the reporting persons now own 5 percent or less of the outstanding common stock.
Key Figures
Beneficially owned shares:41,581 sharesOwnership percentage:1.4%Shares outstanding baseline:2,856,860 shares+2 more
5 metrics
Beneficially owned shares41,581 sharesShares of Kustom Entertainment common stock issuable upon exercise of warrants
Ownership percentage1.4%Portion of Kustom Entertainment common stock class beneficially owned by each reporting person
Shares outstanding baseline2,856,860 sharesKustom Entertainment common shares outstanding as of June 30, 2026
Shared voting power41,581.00Number of shares over which each reporting person has shared voting power
Sole voting power0.00Number of shares over which each reporting person has sole voting power
Key Terms
beneficial ownership, Rule 13d-3, Sole Voting Power, Shared Dispositive Power, +2 more
6 terms
beneficial ownershipfinancial
"The ownership percentages reported are based on 2,856,860 shares... Beneficial ownership consists of an aggregate of 41,581 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rule 13d-3regulatory
"By reason of the provisions of Rule 13d-3 of the Act, Mr. Kluger may be deemed to beneficially own the Shares"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
Sole Voting Powerfinancial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 41,581.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Shared Dispositive Powerfinancial
"8 | Shared Dispositive Power 41,581.00"
Joint Filing Agreementregulatory
"The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1"
exit filingregulatory
"Comment for : This constitutes an exit filing for the reporting person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership in KUST does Yield Point NY LLC report in this Schedule 13G/A?
Yield Point NY LLC reports beneficial ownership of 41,581 KUST common shares, all issuable upon exercise of warrants, representing 1.4% of the outstanding common stock based on 2,856,860 shares as of June 30, 2026.
How much of Kustom Entertainment (KUST) is beneficially owned by Yisroel Ari Kluger?
Yisroel Ari Kluger may be deemed to beneficially own 41,581 KUST shares, or 1.4% of the class, through his role as director of Yield Point NY LLC, which directly holds the warrants exercisable for these shares.
What does the exit filing status mean in this KUST Schedule 13G/A amendment?
The amendment states it constitutes an exit filing for the reporting persons, indicating their reported beneficial ownership is now 5 percent or less of Kustom Entertainment’s common stock, with current ownership at 1.4% of the class.
What is the total number of Kustom Entertainment (KUST) shares outstanding used in this filing?
The ownership percentages are calculated using 2,856,860 Kustom Entertainment common shares outstanding as of June 30, 2026, a figure the reporting persons state was verified with the issuer.
Are the KUST shares owned outright or through derivatives in this Schedule 13G/A?
Beneficial ownership consists entirely of 41,581 KUST shares issuable upon exercise of common stock purchase warrants. Yield Point NY LLC holds the warrants; no directly owned outstanding common shares are reported.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Kustom Entertainment, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
25382T606
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
25382T606
1
Names of Reporting Persons
Yield Point NY LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
41,581.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
41,581.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
41,581.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.4 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This constitutes an exit filing for the reporting person. As more fully described in Item 4 of this Amendment No. 2 to the Statement on Schedule 13G (this ''Amendment No. 2''), such shares and percentage are based on 2,856,860 outstanding shares of common stock, par value $0.001 per share, of the issuer (the ''Common Stock'') as of June 30, 2026, as verified with the issuer. Beneficial ownership consists of an aggregate of 41,581 shares of Common Stock issuable upon exercise of certain common stock purchase warrants (the ''Warrants'') held directly by the reporting person.
SCHEDULE 13G
CUSIP Number(s):
25382T606
1
Names of Reporting Persons
Yisroel Ari Kluger
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
41,581.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
41,581.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
41,581.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.4 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: This constitutes an exit filing for the reporting person. As more fully described in Item 4 of this Amendment No. 2, such shares and percentage are based on 2,856,860 shares of Common Stock outstanding as of June 30, 2026, as verified with the issuer. Beneficial ownership consists of an aggregate of 41,581 shares of Common Stock issuable upon exercise of the Warrants held indirectly by the reporting person.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Kustom Entertainment, Inc.
(b)
Address of issuer's principal executive offices:
1475 N Winchester Street, Olathe, KS, 66061
Item 2.
(a)
Name of person filing:
(i) Yield Point NY LLC, a New York limited liability company ("Yield Point"); and (ii) Yisroel Ari Kluger ("Mr. Kluger"). The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the U.S. Securities and Exchange Commission (the ''SEC'') on October 6, 2025 (the "Schedule 13G"), pursuant to which the Reporting Persons have agreed to file this Amendment No. 2 and all subsequent amendments to this Amendment No. 2, the Schedule 13G, and Amendment No. 1 to the Schedule 13G filed by the Reporting Persons with the SEC on May 12, 2026 (the "Amendment No. 1") jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
The filing of this Amendment No. 2 should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the shares of Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
477 Madison Avenue, 24th Floor, New York, NY 10022.
(c)
Citizenship:
Yield Point is a New York limited liability company. Mr. Kluger is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP No.:
25382T606
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The purpose of this Amendment No. 2 is to amend and supplement the Schedule 13G and Amendment No. 1 in order to update the beneficial ownership information on the cover pages and in Item 4 in the Schedule 13G. The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Amendment No. 2 and is incorporated herein by reference for each such Reporting Person. The ownership percentages reported are based on 2,856,860 shares of Common Stock outstanding as of June 30, 2026, as verified with the issuer. Yield Point holds Warrants exercisable for up to 41,581 shares of Common Stock.
Consequently, Yield Point is the beneficial owner of 41,581 shares of Common Stock (the "Shares"). Yield Point has the power to dispose of and the power to vote the Shares beneficially owned by it, which power may be exercised by Mr. Kluger, the director of Yield Point. Mr. Kluger, as the director of Yield Point, has shared power to vote and/or dispose of the Shares beneficially owned by Yield Point. Mr. Kluger does not directly own the Shares. By reason of the provisions of Rule 13d-3 of the Act, Mr. Kluger may be deemed to beneficially own the Shares beneficially owned by Yield Point.
(b)
Percent of class:
(A) Yield Point: 1.4 %
(B) Mr. Kluger: 1.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(A) Yield Point: 0.00
(B) Mr. Kluger: 0.00
(ii) Shared power to vote or to direct the vote:
(A) Yield Point: 41,581.00
(B) Mr. Kluger: 41,581.00
(iii) Sole power to dispose or to direct the disposition of:
(A) Yield Point: 0.00
(B) Mr. Kluger: 0.00
(iv) Shared power to dispose or to direct the disposition of:
(A) Yield Point: 41,581.00
(B) Mr. Kluger: 41,581.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 1 filed with the Schedule 13G.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Yield Point NY LLC
Signature:
/s/ Yisroel Ari Kluger
Name/Title:
Yisroel Ari Kluger, Director
Date:
08/14/2026
Yisroel Ari Kluger
Signature:
/s/ Yisroel Ari Kluger
Name/Title:
Yisroel Ari Kluger
Date:
08/14/2026
Comments accompanying signature: LIST OF EXHIBITS Exhibit No. 1 - Joint Filing Agreement, dated October 6, 2025 (incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the SEC on October 6, 2025).
