Kustom Entertainment: increases authorized shares to 1,200,000,000

What happened Kustom Entertainment, Inc. filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada on Oct 22, 2026 to increase the number of authorized shares of its capital stock from 11,333,334 to 1,200,000,000. The filing states that 1,000,000,000 shares shall be classified as common stock, par value $0.001 per share, and 200,000,000 shares shall be classified as preferred stock, par value $0.001 per share. The Charter Amendment was approved by the company’s stockholders at the company’s 2026 annual meeting of stockholders held on Oct 5, 2026.

Key details (bullet points)

• Authorized shares increased from 11,333,334 to 1,200,000,000.
• New classification: 1,000,000,000 common shares and 200,000,000 preferred shares, each with par value $0.001 per share.
• Charter Amendment filed with the Nevada Secretary of State on Oct 22, 2026 and approved by stockholders on Oct 5, 2026.

Why it may matter This Form 8-K reports Item 5.03: Amendments to Articles of Incorporation or Bylaws, which covers changes to the company’s charter such as authorized shares. This filing does not show why the insider traded or why the company acted.