M&A
confidence high
sentiment neutral
materiality 0.55
Kustom revises MOU with Cycurion to sell video segment for $5.5M, targeting close by June 30, 2026
KUSTOM ENTERTAINMENT, INC.
- Total purchase price $5.5M: $1.25M cash at closing, $4.25M secured note at 7% over 36 months, plus 2M warrants at $2.80.
- Warrants have two-year term after shares become registered; exercise price $2.80.
- Earn-out/clawback up to $1M based on net income milestones over one- and three-year periods.
- Expected closing on or before June 30, 2026; 30-day no-shop exclusivity period.
- Replaces prior MOU from January 22, 2026.