{"id":2519044,"date":"2026-07-27T13:50:54","date_gmt":"2026-07-27T13:50:54","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2519044"},"modified":"2026-07-27T13:50:54","modified_gmt":"2026-07-27T13:50:54","slug":"kustom-entertainment-extends-cycurion-asset-sale-gets-250000-cash-and-600000-preferred-tradingview-news","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/kustom-entertainment-extends-cycurion-asset-sale-gets-250000-cash-and-600000-preferred-tradingview-news\/","title":{"rendered":"Kustom Entertainment Extends Cycurion Asset Sale, Gets $250,000 Cash and $600,000 Preferred \u2014 TradingView News"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p class=\"\"><span>Kustom Entertainment entered into an amendment and forbearance\/extension to its Asset Purchase Agreement with Cycurion for the sale of its video-solutions division. The amended terms provide an immediate, non-refundable $250,000 cash payment and replace 2,000,000 warrants with $600,000 of 12% Series H preferred stock, convertible into Cycurion common shares at $1.45 per share based on stated value plus accrued dividends. Registration rights were updated to cover shares issuable upon conversion and dividend payments. All conditions precedent have been satisfied or waived, and closing is targeted on or about September 15, 2026.<\/span><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Agreement details:<\/span><\/strong><\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\">\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Agreement type<\/span><\/strong><span>: Amendment No. 1 and Forbearance\/Extension to Asset Purchase Agreement (asset sale of video-solutions division)<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Counterparty<\/span><\/strong><span>: Cycurion<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Signed \/ Effective<\/span><\/strong><span>: Jul 23 2026 \/ same<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Duration \/ Termination<\/span><\/strong><span>: Through Sep 15 2026<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Reason<\/span><\/strong><span>: Extend closing and adjust consideration for asset divestiture<\/span><\/li>\n<\/ul>\n<p class=\"\"><span>Original SEC Filing: <\/span><a rel=\"nofollow\" target=\"_blank\" class=\"link-zw5jRdec icon-zw5jRdec\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1342958\/000149315226034719\/form8-k.htm\" rel=\"nofollow\">KUSTOM ENTERTAINMENT, INC. [ KUST ] &#8211; 8-K &#8211; Jul. 27, 2026<\/a><\/p>\n<section class=\"variant-secondary-Gmpzg_mv disclaimer-PlF2Sa64\"><b class=\"heading-wrapper-Gmpzg_mv\"><span class=\"heading-Gmpzg_mv\">Disclaimer<\/span><\/b><\/p>\n<p><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.<\/span><\/p>\n<\/section>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.tradingview.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kustom Entertainment entered into an amendment and forbearance\/extension to its Asset Purchase Agreement with Cycurion for the sale of its video-solutions division. The amended terms provide an immediate, non-refundable $250,000 cash payment and replace 2,000,000 warrants with $600,000 of 12% Series H preferred stock, convertible into Cycurion common shares at $1.45 per share based on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2210679,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2519044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/12\/High-Roller-Technologies-Signs-Share-Transfer-Agreement-With-Happy-Hour.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2519044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2519044"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2519044\/revisions"}],"predecessor-version":[{"id":2519045,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2519044\/revisions\/2519045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2210679"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2519044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2519044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2519044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}