$KUST Kustom Entertainment is selling its legacy video solutions division to $CYCU Cycurion for up to $5.5M.
โ $1.25M upfront cash + $4.25M promissory note over 36 months at 7%
โ Plus 2M warrants to buy Cycurion stock
โ Closing expected July 2026
โ Third divestiture this year โ medical billing already sold earlier
What's left: Country Stampede Music Festival (30th anniversary this week) + online ticketing platform + Gilley's Park City partnership starting 2027 with capacity up to 35,000/show.
Pure-play live entertainment pivot now complete. Execution risk remains โ small cap, festival-dependent revenue.
Not financial advice.
$KUST Kustom Entertainment reported record attendance of over 32,000 for its 30th anniversary Country Stampede festival, with multiple ticket classes sold out, ahead of a 2027 expansion to a venue nearly double the current capacity.
Not financial advice.