0001753926-26-000831.txt : 20260512 0001753926-26-000831.hdr.sgml : 20260512 20260512193050 ACCESSION NUMBER: 0001753926-26-000831 CONFORMED SUBMISSION TYPE: SCHEDULE 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20260512 DATE AS OF CHANGE: 20260512 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KUSTOM ENTERTAINMENT, INC. CENTRAL INDEX KEY: 0001342958 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing EIN: 200064269 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83734 FILM NUMBER: 26970394 BUSINESS ADDRESS: STREET 1: 6366 COLLEGE BLVD. CITY: OVERLAND PARK STATE: KS ZIP: 66211 BUSINESS PHONE: 913-232-5349 MAIL ADDRESS: STREET 1: 6366 COLLEGE BLVD. CITY: OVERLAND PARK STATE: KS ZIP: 66211 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL ALLY, INC. DATE OF NAME CHANGE: 20221026 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL ALLY INC DATE OF NAME CHANGE: 20051031 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Yield Point NY LLC CENTRAL INDEX KEY: 0002088809 ORGANIZATION NAME: EIN: 333965637 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A BUSINESS ADDRESS: STREET 1: 477 MADISON AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 917-923-7072 MAIL ADDRESS: STREET 1: 477 MADISON AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SCHEDULE 13G/A 1 primary_doc.xml X0202 SCHEDULE 13G/A 0002088809 XXXXXXXX LIVE 1 Common Stock, par value $0.001 per share 03/31/2026 0001342958 Kustom Entertainment, Inc. 25382T606 6366 College Blvd. Overland Park KS 66211 Rule 13d-1(c) Yield Point NY LLC a NY 0.00 41581.00 0.00 41581.00 41581.00 N 7.3 OO As more fully described in Item 4 of this Amendment No. 1 to the Statement on Schedule 13G (this ''Amendment No. 1''), such shares and percentage are based on 526,613 outstanding shares of common stock, par value $0.001 per share, of the issuer (the ''Common Stock'') as of March 31, 2026, as verified with the issuer. Beneficial ownership consists of an aggregate of 41,581 shares of Common Stock issuable upon exercise of certain common stock purchase warrants (the ''Warrants'') held directly by the reporting person. Such numbers of shares of Common Stock reflect the issuer's 1-for-3 and 1-for-5 reverse stock splits of its outstanding shares of Common Stock effected on January 8, 2026 and on April 22, 2026, respectively (collectively the ''Reverse Stock Splits''). Yisroel Ari Kluger a X1 0.00 41581.00 0.00 41581.00 41581.00 N 7.3 HC IN As more fully described in Item 4 of this Amendment No. 1, such shares and percentage are based on 526,613 shares of Common Stock outstanding as of March 31, 2026, as verified with the issuer. Beneficial ownership consists of an aggregate of 41,581 shares of Common Stock issuable upon exercise of the Warrants held indirectly by the reporting person. Such numbers of shares of Common Stock reflect the Reverse Stock Splits. Kustom Entertainment, Inc. 6366 College Blvd., Overland Park, KS, 66211 (i) Yield Point NY LLC, a New York limited liability company ("Yield Point"); and (ii) Yisroel Ari Kluger ("Mr. Kluger"). The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the U.S. Securities and Exchange Commission (the ''SEC'') on October 6, 2025 (the "Schedule 13G"), pursuant to which the Reporting Persons have agreed to file the Schedule 13G, this Amendment No. 1 and all subsequent amendments jointly in accordance with the provisions of Rule 13d-1(k) of the Act. The filing of this Amendment No. 1 should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the shares of Common Stock reported herein. 477 Madison Avenue, 24th Floor, New York, NY 10022. Yield Point is a New York limited liability company. Mr. Kluger is a citizen of the United States. Y The purpose of this Amendment No. 1 is to amend and supplement the Schedule 13G in order to update the beneficial ownership information on the cover pages and in Item 4 in the Schedule 13G. The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Amendment No. 1 and is incorporated herein by reference for each such Reporting Person. The ownership percentages reported are based on 526,613 shares of Common Stock outstanding as of March 31, 2026, as verified with the issuer. Yield Point holds Warrants exercisable for up to 41,581 shares of Common Stock. Such numbers of shares of Common Stock reflect the Reverse Stock Splits. Consequently, Yield Point is the beneficial owner of 41,581 shares of Common Stock (the "Shares"). Yield Point has the power to dispose of and the power to vote the Shares beneficially owned by it, which power may be exercised by Mr. Kluger, the director of Yield Point. Mr. Kluger, as the director of Yield Point, has shared power to vote and/or dispose of the Shares beneficially owned by Yield Point. Mr. Kluger does not directly own the Shares. By reason of the provisions of Rule 13d-3 of the Act, Mr. Kluger may be deemed to beneficially own the Shares beneficially owned by Yield Point. (A) Yield Point: 7.32 % (B) Mr. Kluger: 7.32 % (A) Yield Point: 0.00 (B) Mr. Kluger: 0.00 (A) Yield Point: 41,581.00 (B) Mr. Kluger: 41,581.00 (A) Yield Point: 0.00 (B) Mr. Kluger: 0.00 (A) Yield Point: 41,581.00 (B) Mr. Kluger: 41,581.00 Y Y Y N See Exhibit 1 filed with the Schedule 13G. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Yield Point NY LLC /s/ Yisroel Ari Kluger 05/12/2026 Yisroel Ari Kluger /s/ Yisroel Ari Kluger 05/12/2026 LIST OF EXHIBITS Exhibit No. 1 - Joint Filing Agreement, dated October 6, 2025 (incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the SEC on October 6, 2025).