{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-017152","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2026-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.176902+00:00","generated_at":"2026-05-15T05:28:53.600622+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Kustom revises MOU with Cycurion to sell video segment for $5.5M, targeting close by June 30, 2026","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-017152","json":"https://secwatch.observer/filing/0001493152-26-017152.json","markdown":"https://secwatch.observer/filing/0001493152-26-017152.md","text":"https://secwatch.observer/filing/0001493152-26-017152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315226017152/0001493152-26-017152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315226017152/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:28:53.600622+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}