Home/Filings/8-K/0001493152-26-001231
8-K//Current report

DIGITAL ALLY, INC. 8-K

Accession 0001493152-26-001231

$KUSTCIK 0001342958operating

Filed

Jan 11, 7:00 PM ET

Accepted

Jan 12, 8:00 AM ET

Size

672.0 KB

Accession

0001493152-26-001231

Research Summary

AI-generated summary of this filing

Updated

Digital Ally, Inc. Completes Sale of Nobility Healthcare for $1.45M

What Happened

  • Digital Ally filed a Form 8-K announcing that Digital Ally Healthcare, Inc. (the Seller), a wholly-owned subsidiary of Kustom Entertainment, Inc., entered into and closed a Unit Purchase Agreement with Nobility LLC (the Buyer) and Nobility Healthcare, LLC. The transaction closed on January 8, 2026 (effective date January 1, 2026) and transferred the Seller’s 51,000 units in Nobility Healthcare to the Buyer. The total consideration for the transaction was $1,450,000, consisting of cash/closing credits and a promissory note.

Key Details

  • Total transaction consideration: $1,450,000.
  • Promissory note issued at closing: $1,140,499 (principal amount to the Seller).
  • Immediate cash and credits at closing (Closing Funds): $309,501 (including $100,000 cash and $209,501 in credits — $200,000 prior advances and $9,501 net working capital adjustment).
  • Ownership: Nobility Healthcare had 100,000 units outstanding; Seller owned 51,000 units; the remaining 49,000 units were owned by an affiliate of the Buyer.

Why It Matters

  • The company has completed a disposition of its controlling interest in Nobility Healthcare, converting that ownership into immediate cash/credits plus a material promissory note. Investors should note the $100k immediate cash and the $1.14M note as the primary proceeds disclosed; the filing does not include detailed financial statement impacts. A press release announcing the closing was issued on January 12, 2026 (attached as Exhibit 99.1 to the 8-K).