KUSTOM ENTERTAINMENT, INC. 8-K

What Happened Kustom Entertainment, Inc. (KUST) filed a Certificate of Change to effect a 1-for-5 reverse stock split of its common stock, effective April 22, 2026 (filed with the Nevada Secretary of State on April 21, 2026). The record date for determining holders entitled to the split-adjusted shares was April 7, 2026. The company began trading on the Nasdaq Capital Market on a split-adjusted basis at the start of trading on April 22, 2026. The filing also reduced the number of authorized shares of common stock.

Key Details

• Outstanding shares before split: 2,633,063; after 1-for-5 reverse split: 526,613 (subject to rounding up of fractional shares).
• Authorized common shares reduced from 66,666,666 to 13,333,333.
• New CUSIP for the common stock: 25382T606.
• Press release about the action is included as Exhibit 99.1; the filing includes forward‑looking statement disclaimers.

Why It Matters For current shareholders, every five pre-split shares were converted into one post-split share (with fractional shares rounded up to the nearest whole share), and trading on Nasdaq was adjusted accordingly on April 22, 2026. The reduction in authorized shares and the new CUSIP are administrative changes investors should note for recordkeeping and brokerage listings. The filing also includes standard forward-looking disclaimers noting there is no guarantee the reverse split will affect the company’s value or future trading price.