Kustom Entertainment amends divestiture to Cycurion: $6.1M deal, $250K cash, 12% preferred stock

KUSTOM ENTERTAINMENT, INC.

Total consideration raised to $6.1M: $1.25M cash plus $4.25M secured note at 7% over 36 months.
Immediate non-refundable $250K cash payment from Cycurion; closing extended to September 15, 2026.
2M warrants ($2.80 strike) replaced with $600K Series H preferred stock accruing 12% annual dividend, convertible at $1.45.
All conditions precedent satisfied; both parties fully aligned to close by extended date.
Divestiture completes Kustom's pivot to pure-play live entertainment and ticketing.

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