{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-034719","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2026-07-27T12:45:40+00:00","discovered_at":"2026-07-27T12:50:00.230527+00:00","generated_at":"2026-07-27T12:50:15.073971+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kustom Entertainment amends divestiture to Cycurion: $6.1M deal, $250K cash, 12% preferred stock","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-034719","json":"https://secwatch.observer/filing/0001493152-26-034719.json","markdown":"https://secwatch.observer/filing/0001493152-26-034719.md","text":"https://secwatch.observer/filing/0001493152-26-034719.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315226034719/0001493152-26-034719-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315226034719/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-27T12:50:15.073971+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"}