KUSTOM ENTERTAINMENT, INC. (KUST): Submission of Matters to a Vote of Security Holders
KUSTOM ENTERTAINMENT, INC. (KUST) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. Exhibit 99.1 Kustom Entertainment, Inc. Announces Reverse Stock Split Olathe, KS | September 29, 2026 Kustom Entertainment, Inc. (NASDAQ: KUST) (the “Company”) , a leader in live event production and ticketing technology, today announced a 1-for-10 reverse split (the “Reverse Sto
How this was made
The 30-second read
Why it matters
The split will adjust share count and price, likely stabilizing the stock and preventing delisting, but does not change underlying fundamentals.
Market read
A corporate action that may temporarily affect KUST's liquidity and price dynamics, with limited broader market relevance.
What to watch
Potential dilution from the capital reduction and any future financing needs could affect long‑term valuation.
Background
Kustom Entertainment is a Nasdaq‑listed live‑event production and ticketing technology firm. The reverse split is intended to meet Nasdaq's $1 minimum bid price requirement.
Ticker impact
Kustom Entertainment announced a 1-for-10 reverse stock split to lift its share price above the $1 Nasdaq minimum.
likely modest upside as the stock trades on a higher split‑adjusted price after October 1
Reverse splits are generally price‑neutral but can provide short‑term support if the new price meets exchange listing standards.
Market effects
May set a precedent for other low‑priced micro‑caps seeking to avoid delisting on Nasdaq.
Limited to U.S. small‑cap equity market; no broader regional effect.
Minimal global impact; primarily a company‑specific corporate action.
Counterpoint
Some investors may view the split as a red flag, fearing underlying weakness that forced the move.
Key entities
- CompanyKustom Entertainment, Inc.
Issuer of the reverse split.
- ExchangeNASDAQ
Listing venue imposing the $1 bid price rule.
