Welcome to our dedicated page for Kustom Entertainment news (Ticker: KUST), a resource for investors and traders seeking the latest updates and insights on Kustom Entertainment stock.
Kustom Entertainment, Inc. reports developments in live event production, ticketing technology, and its transition from Digital Ally to a focused entertainment platform. Company news centers on TicketSmarter, Country Stampede, event programming, financial results, strategic communications, and capital actions such as its completed reverse stock split.
Updates also address the company's legacy video solutions business under the Digital Ally brand, including FirstVu Pro body-worn camera subscription activity, while broader corporate announcements describe non-core asset divestitures, operating focus, and Nasdaq-listed common stock matters.
Kustom Entertainment (NASDAQ: KUST) entered a non-binding Memorandum of Understanding with Cycurion (NASDAQ: CYCU) to divest its video solutions division, aligning the company around live event production and online ticketing. The parties estimate the transaction value at $6.0 million to $8.5 million, with $1.0M–$1.4M in cash and the remainder paid in Cycurion preferred stock. The deal is subject to customary closing conditions and final negotiation.
Kustom says the divestiture will provide immediate liquidity, potential long-term equity upside, and support expansion of its live-event and ticketing strategy leveraging the 30th anniversary of the Country Stampede Music Festival in 2026.
Kustom Entertainment (Nasdaq: KUST) completed the sale of its 51% stake in Nobility Healthcare on January 8, 2026, for estimated total proceeds of $1.45 million to the 49% minority owner. Proceeds comprised $100,000 cash, $209,501 of debt and working capital credits, and a $1,140,499 promissory note at 6% with quarterly payments beginning July 2026 and certain earn-outs. The company is reallocating resources to scale its live event production and proprietary online ticketing platform, centered on the Country Stampede Music Festival (June 25–27, 2026).