GlobeNewsWire · 3 Sept 2026positive
Kustom Entertainment issued a comprehensive operational briefing outlining TFL, LLC's multi-channel revenue streams, enterprise technology platforms, and expected synergies—including a TicketSmarter alignment, festival integration, and casino/resort expansion—in advance of the pending acquisition's completion.
Why it matters — KUST watchers would care because the briefing details the revenue streams and operational synergies expected to come from the pending acquisition of TFL, indicating the company's anticipated growth direction.
GlobeNewsWire · 1 Sept 2026positive
Kustom Entertainment has entered into a definitive Unit Purchase Agreement to acquire 100% of the equity of TFL, LLC (dba Tickets For Less), a wholesale ticketing distribution and live event technology platform. The company describes the deal as transformational, expected to combine its music festival platform with a ticketing and distribution engine and to be immediately accretive to revenue, earnings, and adjusted EBITDA.
Why it matters — A KUST watcher would care because the acquisition of Tickets For Less could expand Kustom's live event capabilities and ticketing distribution reach, potentially strengthening its business model and financial performance.
GlobeNewsWire · 4 Aug 2026positive
Kustom Entertainment completed the $6.1 million divestiture of its legacy video solutions business to Cycurion, consisting of $1.25 million upfront cash, a $4.25 million secured promissory note, and $600,000 in preferred equity.
Why it matters — This divestiture finalizes Kustom's shift to a pure-play live entertainment and ticketing technology company, shedding a non-core business and securing structured payments.
GlobeNewsWire · 4 Aug 2026neutral
Cycurion, Inc. announced the closing of its acquisition of substantially all assets of Kustom Entertainment, Inc.'s legacy video solutions segment, adding more than $5 million in revenue and over $1.2 million in EBITDA, bringing Cycurion's annual revenue run rate to approximately $30 million.
Why it matters — For Kustom Entertainment watchers, this marks the completion of the divestiture of its legacy video solutions business, reducing its asset base and revenue footprint.
GlobeNewsWire · 27 July 2026positive
Kustom Entertainment amended its divestiture terms with Cycurion, upgrading the deal to $6.1 million, including an immediate $250,000 non-refundable cash payment and replacing warrants with 12% yielding preferred equity.
Why it matters — The improved deal structure strengthens Kustom's balance sheet with immediate capital and eliminates warrant dilution while the company pursues its $100 billion live entertainment and ticketing expansion.