Kustom Entertainment agrees to sell video solutions unit to Cycurion for $5.5 million plus 2 million warrants
PUBT · 2d ago
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- Kustom Entertainment agreed to sell its legacy video solutions division to Cycurion in a deal valued at USD 5.5 million.
- Consideration includes USD 1.25 million upfront cash, a USD 4.25 million secured promissory note over 36 months at 7% interest.
- Kustom will also receive 2,000,000 warrants to buy Cycurion common stock.
- Closing targeted for July 2026, subject to customary closing conditions.
- Divestiture supports Kustom’s shift to live events and online ticketing operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kustom Entertainment Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-030046), on June 25, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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