M&A
confidence high
sentiment positive
materiality 0.75
Cycurion signs MOU to acquire Kustom's video-solutions division for $6-8.4M
Cycurion, Inc.
- Deal valued at $6.0-8.4 million; paid in $1.0-1.4M cash + Cycurion preferred stock convertible at 20% premium to 30-day VWAP.
- Expected to add $5.1M annual revenue (35% increase over 2025) and $8.0M backlog from Kustom contracts.
- Preferred stock conversion price set at 20% above 30-day VWAP; includes down-round protection and registration rights.
- Cross-selling may generate ~$100K/month additional revenue; targets public safety and enterprise clients.
- Transaction subject to regulatory approvals and shareholder approval; MOU may be terminated on 30 days' notice.