M&A
confidence high
sentiment positive
materiality 0.65
Cycurion to acquire Kustom Entertainment's video-solutions segment for up to $8M plus warrants
Cycurion, Inc.
- Cash consideration of $1.25M plus $4.25M promissory note (7%, 3-yr); earnout up to $1M and warrants for 2M shares at $2.80.
- Acquired business has ~$5.1M annual revenue and ~$8.0M contracted backlog, with ~58 patents in video/evidence management.
- Adds approximately 1,000 new clients, including law enforcement agencies where Cycurion already provides services.
- Closing expected in early July 2026, subject to due diligence, board approvals, and customary conditions.
- Transaction structured to minimize immediate equity dilution; integration with Cycurion's ARx and Panoptic platforms.