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KU
Kustom Entertainment, Inc. Common Stock
KUST
Mkt Cap
$2.5M
Volume
15.95K
Next Earnings
November 11th
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KU
KUST
KU
Kustom Entertainment, Inc. Common Stock
KUST
News
·
Kustom Entertainment Closes $6.1 Million Divestiture of Legacy Video Solutions Business to Cycurion
Mkt Cap
$2.7M
Volume
15.95K
Next Earnings
November 11th
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Kustom Entertainment Closes $6.1 Million Divestiture of Legacy Video Solutions Business to Cycurion
Kustom Entertainment (KUST) completed the sale of its legacy video solutions business to Cycurion (CYCU) for $6.1 million, consisting of $1.25M upfront cash, a $4.25M secured promissory note at 7% interest, and $600K in 12% yielding preferred equity. The transaction marks Kustom's strategic transformation into a pure-play live entertainment and ticketing technology company, allowing it to focus entirely on expanding its festival operations and proprietary ticketing platforms.
GlobeNewswire Inc. · Aug 4, 2026
Why Did Kustom Entertainment (KUST) Stock Jump Over 11% After Hours?
Kustom Entertainment (NASDAQ:KUST) shares surged 11.26% after-hours to $1.68 following strong ticket sales announcements for Country Stampede Kansas 2026. Thursday tickets sold out completely, Friday is 90% sold out, and Saturday is 70% sold out. The rally was also driven by a partnership announcement with Gilley's Gambling Hall to host Country Stampede 2027 and other events, expanding the company's presence in the Wichita market.
Benzinga · Jun 17, 2026
Cycurion, Inc. Provides Update on Revised Memorandum of Understanding to Acquire Kustom Entertainment's Legacy Video Solutions Segment
Cycurion, Inc. announced a revised non-binding Memorandum of Understanding to acquire Kustom Entertainment's legacy video solutions segment for $5.5 million. The acquisition is expected to contribute approximately $5.1 million in annual revenue and an $8.0 million backlog. Both parties target completion by early June 2026, subject to final due diligence and execution of a definitive agreement.
Benzinga · Apr 21, 2026
What Sparked Kustom Entertainment (KUST) Stock's 40% Jump Overnight?
Kustom Entertainment (NASDAQ:KUST) shares surged 40.28% in after-hours trading after announcing a non-binding agreement to sell its video solutions division to Cycurion Inc. (NASDAQ:CYCU) for $6.0-8.5 million. The divestiture allows Kustom to refocus on live event production and online ticketing operations. The deal includes $1.0-1.4 million in cash with the remainder in Cycurion preferred stock.
Benzinga · Jan 28, 2026
EXCLUSIVE: Cycurion Seeks To Acquire Kustom Video Unit In $6-$8.4 Million Deal
Cycurion Inc. announced it has entered into a Memorandum of Understanding to acquire the video-solutions division of Kustom Entertainment Inc. for $6.0-8.4 million, with $1-1.4 million in cash and the remainder in preferred stock. The acquisition is expected to increase Cycurion's revenues by approximately 35% in 2026 and add $8.0 million in backlog, while providing access to Kustom's client base across all 50 U.S. states and 30+ countries.
Benzinga · Jan 22, 2026
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KUST
Kustom Entertainment, Inc. Common Stock
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