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Digital Ally Announces A 1-For-3 Reverse Split Effective On January 8, 2026

Benzinga·01/05/2026 21:26:02
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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.