KUSTOM ENTERTAINMENT, INC.

Kustom Entertainment, Inc. announced a 1-for-10 reverse stock split, effective October 1, 2026, to meet Nasdaq's minimum bid price requirement. The company also held its annual meeting on October 5, 2026, where directors were elected, the auditor was ratified, and shareholders approved an increase in authorized shares and a potential share issuance related to an acquisition. The reverse split reduced outstanding shares to 650,686 and authorized shares to 1,333,334.

Kustom Entertainment, Inc. issued 2,625,000 shares of common stock on August 7, 2026, to various consultants, advisors, and partners. These shares were issued as consideration for services rendered and to be rendered, accrued obligations, asset acquisitions, and incurred debt. The transactions were private placements, exempt from registration under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D, with the shares issued as restricted securities.

Kustom Entertainment, Inc. completed the divestiture of its legacy video solutions business to Cycurion, Inc. for an aggregate consideration of $6.1 million. The transaction, which closed on August 3, 2026, included a $1.25 million cash payment, a $4.25 million secured promissory note, and $600,000 in Cycurion's Series H Convertible Preferred Stock. This divestment marks Kustom's strategic transformation into a pure-play live entertainment and ticketing technology company, allowing it to focus resources on expanding its festival footprint and proprietary ticketing platforms.

Kustom Entertainment, Inc. announced the successful closing of its $6.1 million divestiture of legacy video solutions business assets to Cycurion, Inc. The transaction included $1.25 million in upfront cash, a $4.25 million secured promissory note, and $600,000 in high-yield Series H Preferred Stock. This divestment completes Kustom's strategic transformation into a pure-play live entertainment and ticketing technology company, allowing it to focus resources on expanding its festival footprint and proprietary ticketing platforms.

Kustom Entertainment, Inc. announced an amendment to its Asset Purchase Agreement with Cycurion, Inc. for the divestment of its video-solutions division. The updated agreement extends the closing date to September 15, 2026, and includes an immediate, non-refundable cash payment of $250,000 to Kustom. Additionally, 2,000,000 warrants were replaced with $600,000 in Series H Preferred Stock, which accrues 12.0% annual dividends. This strategic move increases the total deal valuation to $6.1 million and allows Kustom to fully focus on its live entertainment business.

Kustom Entertainment, Inc. announced an upgraded agreement for the divestment of its legacy video solutions business to Cycurion, Inc. The total valuation of the deal increased to $6.1 million, and Kustom received an immediate $250,000 non-refundable cash injection. The agreement also replaces previously planned warrants with $600,000 in high-yield Series H Preferred Stock from Cycurion, offering a 12.0% annual cumulative dividend. This strategic move completes Kustom's transformation into a pure-play live entertainment company, focusing on its rapidly expanding festival footprint and proprietary ticketing technology.

Kustom Entertainment, Inc. announced record-breaking attendance at its 30th anniversary Country Stampede Kansas festival, drawing over 42,000 fans and exceeding expectations by more than 10,000. This marks the largest turnout in the festival's history, with multiple ticket classes selling out. The company also highlighted momentum building from its recently announced multi-season partnership with Gilley’s Park City, which is expected to nearly double venue capacity and host over 20 show days in 2027.

Kustom Entertainment, Inc. announced it has entered into an Asset Purchase Agreement to divest its video-solutions division to Cycurion, Inc. The transaction, valued at up to $5.5 million in cash and a secured promissory note, also includes 2,000,000 warrants to purchase Cycurion common stock. This strategic move is intended to accelerate Kustom's complete focus on its rapidly growing live event production portfolio and proprietary online ticketing operations, aligning with its recent rebranding and Nasdaq ticker symbol "KUST". The divestiture is anticipated to close on July 15, 2026.

Kustom Entertainment, Inc. announced a binding agreement to divest its legacy video solutions division to Cycurion, Inc. for a total consideration of $5.5 million, including $1.25 million in upfront cash and a $4.25 million secured promissory note, plus 2,000,000 warrants for Cycurion common stock. This strategic move aims to accelerate Kustom's focus on its rapidly growing live event production and online ticketing operations. The company also highlighted the expansion of its Country Stampede Music Festival to Gilley's Park City in 2027, which will significantly increase capacity and enhance fan experience.

Kustom Entertainment announced a multi-season partnership with Gilley's Park City, expected to nearly double festival capacity to 35,000 daily attendees and host over 20 show days in 2027. This strategic move follows the company's report of record attendance of over 32,000 for its 30th anniversary Country Stampede Kansas festival, with multiple ticket classes already sold out and limited inventory remaining.