secwatch.observer — SEC 8-K summary
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Issuer:     KUSTOM ENTERTAINMENT, INC. (KUST)
CIK:        0001342958
Form:       8-K
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0001493152-26-001231
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Kustom Entertainment sells 51% healthcare stake for $1.45M to focus on live events
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- Sold 51% ownership in Nobility Healthcare to minority owner for $100k cash, $209.5k credits, and $1.14M promissory note at 6% interest.
- Transaction closed Jan 8, 2026, effective Jan 1, 2026.
- Pro forma nine-month 2025 revenue would be $10.5M vs historical $14.6M; net loss attributable to common $1.43M vs $1.30M.
- Company pivots to live entertainment and online ticketing, citing $100B global market; expands Country Stampede festival.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342958/000149315226001231/0001493152-26-001231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342958/000149315226001231/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-001231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer