SCHEDULE: Yield Point NY LLC Discloses 7.3% Stake in Kustom Ent.
Schedule 13G Amendment
Yield Point NY LLC and Yisroel Ari Kluger report a 7.3% beneficial ownership stake in Kustom Entertainment, Inc. via warrant holdings.
Summary
- Yield Point NY LLC and Yisroel Ari Kluger filed an amendment to their Schedule 13G regarding Kustom Entertainment, Inc.
- The reporting persons beneficially own 41,581 shares of common stock, representing 7.3% of the issuer's outstanding shares.
- Beneficial ownership is derived entirely from common stock purchase warrants.
- The reported share count accounts for 1-for-3 and 1-for-5 reverse stock splits executed in January and April 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral regulatory disclosure confirming existing positions following corporate restructuring.
Positives
- The reporting persons maintain a significant 7.3% interest in the company, indicating continued investment exposure.
Negatives
- The stake is held entirely through warrants rather than direct equity, which may be subject to exercise conditions.
Risks
- The value of the investment is tied to the performance and volatility of the underlying common stock.
- The reporting persons' influence is limited as they certify the shares are not held for the purpose of changing or influencing control.
Future Outlook
The reporting persons state they do not hold the securities for the purpose of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that this filing reflects standard institutional disclosure requirements for significant shareholders following corporate actions like reverse stock splits, which are common in small-cap entities seeking to maintain exchange listing compliance.
Comparison to Industry Standards
- The filing adheres to standard SEC Rule 13d-1 reporting requirements for beneficial owners exceeding the 5% threshold.
Stakeholder Impact
- Shareholders should note the concentration of ownership by the reporting persons.
Next Steps
- Continued monitoring of the issuer's share count and potential warrant exercise.
Key Dates
| Date | Description |
|---|---|
| 2025-10-06 | Original Schedule 13G filing and Joint Filing Agreement date. |
| 2026-01-08 | Effective date of 1-for-3 reverse stock split. |
| 2026-03-31 | Date of event requiring the filing and reference date for outstanding share count. |
| 2026-04-22 | Effective date of 1-for-5 reverse stock split. |
| 2026-05-12 | Date of signature and filing of Amendment No. 1. |
Keywords
Kustom Entertainment, Schedule 13G, Yield Point NY LLC, Beneficial Ownership, Warrants, Reverse Stock Split
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.