Kustom Entertainment divests video solutions segment to Cycurion for $5.5M plus 2M warrants

KUSTOM ENTERTAINMENT, INC.

Total consideration: $1.25M upfront cash, $4.25M secured note (7%, 36 months), up to $1M earnout, and 2M warrants at $2.80/share.
Transaction expected to close July 2026; follows earlier medical billing divestiture and Gilley's partnership.
Proceeds to fund live event expansion; value per share equates to ~$5.33 based on total consideration of $5.5M.
Kustom will fully focus on live entertainment and ticketing operations under Nasdaq ticker KUST.

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