Business
Digital Ally Announces Name Change To Kustom Entertainment, Inc., Ticker Symbol Change To “KUST” Reflecting Strategic Pivot To Live Events And Online Ticketing Markets, and Reverse Stock Split
The Company intends to focus on servicing the $100 billion plus ticketing and live events addressable market Overland Park, KS, Jan. 05, 2026 (GLOBE NEWSWIRE)
About this update from Kustom Entertainment, Inc.
[{"type":"text","content":"The Company intends to focus on servicing the $100 billion plus ticketing and live events addressable market Overland Park, KS, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), a leading provider of video solutions which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety, and event security, today announced a major corporate rebranding, changing its name to Kustom Entertainment, Inc. The name change reflects the Company’s strategic shift in focus toward its rapidly growing live event production business and its proprietary on-line ticketing platform. The transition to Kustom Entertainment, Inc. marks a new chapter in the Company’s evolution, aligning its corporate identity with its primary mission: delivering world-class entertainment experiences and seamless ticketing solutions. While the Company’s roots are in technology, its future is firmly planted in the live entertainment sector, where it is also aggressively expanding its technology footprint in the entertainment sector across the United States. Today, the Company also announced a 1-for-3 reverse split (the \"Reverse Stock Split\") of the Company’s common stock (the \"Common Stock\"). The Company anticipates that the Common Stock will begin trading on the Nasdaq Capital Market (“Nasdaq”) on a split-adjusted basis at the start of trading on January 8, 2026 and will have a new CUSIP number of 25382T507. On December 19, 2025, the Company’s board of directors approved a 1-for-3 Reverse Stock Split. The number of outstanding shares of Common Stock prior to the Reverse Stock Split is 1,898,436and the number of outstanding shares of Common Stock following the Reverse Stock Split is 632,812. Expanding a National Footprint - Kustom Entertainment, Inc. is substantially increasing its roster of live events, moving beyond its regional strongholds to bring premier entertainment to venues nationwide. This expansion is built upon the solid foundation of the Country Stampede Music Festival. Now in its 30th year, the Kansas City-based festival remains a cornerstone of the Company’s portfolio and serves as the blueprint for the large-scale, high-production events the Company is now scaling across the country. Addressable Market for Ticketing and ...