Kustom Entertainment Amends Divestiture Terms with Cycurion into Upgraded $6.1M Deal Featuring Immediate Cash Injection and 12% Yielding Preferred Equity
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.