Kustom Entertainment, Inc. received an updated ownership report from Yield Point NY LLC and its director, Yisroel Ari Kluger, regarding their holdings of common stock, par value $0.001 per share. After a share issuance on August 7, 2026, the reporting persons had beneficially owned up to 9.99% of the outstanding common stock, consisting of 625,000 shares plus warrants exercisable for up to 41,581 shares, subject to a 9.99% beneficial ownership limitation provision (the “Blocker”).
Subsequently, 372,185 shares of common stock were disposed, leaving 252,815 shares and warrants exercisable for up to 41,581 shares. Based on 6,506,860 shares outstanding as of August 14, 2026, Yield Point now beneficially owns 294,396 shares, or 4.3% of the common stock. Voting and dispositive power over these shares is shared between Yield Point and Mr. Kluger. The filing is described as an exit filing, as all other previously deemed beneficially owned shares have been disposed.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:294,396 sharesOwnership percentage:4.3 %Shares outstanding:6,506,860 shares+5 more
8 metrics
Beneficially owned shares294,396 sharesShares of Kustom Entertainment common stock beneficially owned by Yield Point NY LLC
Ownership percentage4.3 %Portion of Kustom Entertainment common stock class held by each reporting person
Shares outstanding6,506,860 sharesKustom Entertainment common stock outstanding as of August 14, 2026
Common shares held252,815 sharesKustom Entertainment common stock currently held by the reporting persons
Warrant shares41,581 sharesShares issuable upon exercise of common stock purchase warrants held by the reporting persons
Shares disposed372,185 sharesShares of Kustom Entertainment common stock disposed after August 7, 2026 issuance
Beneficial ownership cap9.99 %Blocker limitation on warrant exercises relative to outstanding common stock
Initial common shares post-issuance625,000 sharesCommon shares beneficially owned by the reporting persons upon August 7, 2026 issuance
"By reason of the provisions of Rule 13d-3 of the Act, Mr. Kluger may be deemed to beneficially own the Shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
beneficial ownership limitationfinancial
"Warrants exercisable for up to 41,581 shares of Common Stock, which exercises are subject to a 9.99% beneficial ownership limitation provision"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
Blockerfinancial
"Warrants exercisable for up to 41,581 shares of Common Stock, which exercises are subject to a 9.99% beneficial ownership limitation provision ("Blocker")"
shared voting powerfinancial
"Shared power to vote or to direct the vote: (A) Yield Point: 294,396.00 (B) Mr. Kluger: 294,396.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared power to dispose or to direct the disposition of: (A) Yield Point: 294,396.00 (B) Mr. Kluger: 294,396.00"
Joint Filing Agreementregulatory
"The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1"
FAQ
What percentage of KUST common stock does Yield Point NY LLC currently beneficially own?
Yield Point NY LLC beneficially owns 4.3% of Kustom Entertainment’s common stock, equal to 294,396 shares, based on 6,506,860 shares outstanding as of August 14, 2026, as verified with the issuer.
How many KUST shares and warrants are held by the reporting persons in this Schedule 13G?
The reporting persons hold 252,815 shares of Kustom Entertainment common stock and warrants exercisable for up to 41,581 additional shares, all of which are counted in the reported 294,396 beneficially owned shares.
What change in ownership of KUST shares is disclosed by Yield Point NY LLC?
After initially beneficially owning up to 9.99% of Kustom Entertainment, the reporting persons disposed of 372,185 shares of common stock, reducing their beneficial ownership to 4.3% of the outstanding shares.
Why is this KUST Schedule 13G described as an exit filing?
It is described as an exit filing because, aside from the remaining 294,396 beneficially owned shares (including warrants), all other shares of Kustom Entertainment common stock previously deemed beneficially owned by the reporting persons have been disposed.
How is voting and dispositive power over KUST shares structured for Yield Point and Yisroel Ari Kluger?
Yield Point NY LLC and Yisroel Ari Kluger report 0 sole voting or dispositive power and 294,396 shared voting and shared dispositive power over Kustom Entertainment’s common stock, reflecting joint control over the reported shares.
What is the beneficial ownership limitation affecting the KUST warrants held by the reporting persons?
The warrants for up to 41,581 Kustom Entertainment shares are subject to a 9.99% beneficial ownership limitation, or “Blocker,” which restricts exercises that would increase beneficial ownership above 9.99% of the outstanding common stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Kustom Entertainment, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
25382T606
(CUSIP Number)
08/07/2026
(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
294,396.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
294,396.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
294,396.00
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)
4.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This also constitutes an exit filing for the reporting person. As more fully described in Item 4 of this statement on Schedule 13G (this ''Schedule 13G''), such shares and percentage are based on 6,506,860 outstanding shares of common stock, par value $0.001 per share, of the issuer (the ''Common Stock'') as of August 14, 2026, as verified with the issuer. Beneficial ownership consists of (i) 252,815 shares of Common Stock, and (ii) 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. All other shares of Common Stock that were deemed beneficially owned by the reporting person have since been disposed.
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
294,396.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
294,396.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
294,396.00
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)
4.3 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: This also constitutes an exit filing for the reporting person. As more fully described in Item 4 of this Schedule 13G, such shares and percentage are based on 6,506,860 outstanding shares of Common Stock as of August 14, 2026, as verified with the issuer. Beneficial ownership consists of (i) 252,815 shares of Common Stock and (ii) an aggregate of 41,581 shares of Common Stock issuable upon exercise of the Warrants held directly by the reporting person. All other shares of Common Stock that were deemed beneficially owned by the reporting person have since been disposed.
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 this Schedule 13G, pursuant to which the Reporting Persons have agreed to file this Schedule 13G and all subsequent amendments to this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act. The filing of this Schedule 13G 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 Number(s):
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 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 Schedule 13G and is incorporated herein by reference for each such Reporting Person.
The ownership percentages reported are based on 6,506,860 shares of Common Stock outstanding as of August 14, 2026, as verified with the issuer. Upon the consummation of a certain share issuance on August 7, 2026, each of the Reporting Persons had beneficially owned up to 9.99% of the outstanding shares of Common Stock on such date, consisting of: (i) 625,000 shares of Common Stock and (ii) Warrants exercisable for up to 41,581 shares of Common Stock, which exercises are subject to a 9.99% beneficial ownership limitation provision (''Blocker''). Subsequent to such issuance and as of the date of this Schedule 13G, 372,185 shares of Common Stock held by the Reporting Persons were disposed, with the Reporting Persons still holding 252,815 shares of Common Stock and Warrants exercisable for up to 41,581 shares of Common Stock.
Consequently, Yield Point is the beneficial owner of 294,396 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: 4.3 %
(B) Mr. Kluger: 4.3 %
(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: 294,396.00
(B) Mr. Kluger: 294,396.00
(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: 294,396.00
(B) Mr. Kluger: 294,396.00
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)(K), so indicate under Item 3(k) 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 herewith.
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.
