Mergers & Acquisitions ·
Kustom Entertainment, Inc. amended its asset purchase agreement with Cycurion, Inc. to sell its video-solutions…
KUSTKustom Entertainment, Inc.
Kustom Entertainment, Inc. amended its asset purchase agreement with Cycurion, Inc. to sell its video-solutions division, increasing the total valuation to $6.1 million. The amendment includes an immediate $250,000 non-refundable cash payment and replaces 2,000,000 warrants with $600,000 of Series H Preferred Stock, which carries a 12.0% annual cumulative dividend paid quarterly. The transaction is expected to close on or about September 15, 2026. Kustom Entertainment, Inc. operates in the live entertainment and ticketing technology industry.