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Kustom Entertainment, Inc. says it will do a 1-for-10 stock split starting October 1, 2026.

New sharesRead the original at SEC EDGAR
Bad for KUST

Kustom's shareholders approved lifting the share limit to 1.2 billion from 23 million, plus possible acquisition shares equal to 20% or more of current shares. The 1-for-10 split leaves owners' portions unchanged, but issuing more shares could shrink them.

KUST · Kustom Entertainment, Inc.

AI read · Bad for KUST

The AI's read

If Kustom uses the much larger share allowance, each current owner could hold a smaller part of the company. Shareholders also approved a possible acquisition share issue equal to at least 20% of current shares. The 1-for-10 split changes share counts, not ownership portions, and the filing does not say how many new shares will actually be issued.

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