EXCLUSIVE: Cycurion Seeks To Acquire Kustom Video Unit In $6-$8.4 Million Deal

Benzinga_recent_news01-22

Cycurion, Inc. (NASDAQ:CYCU) on Thursday announced that it has entered into a Memorandum of Understanding (MOU) to acquire the video-solutions division of Kustom Entertainment, Inc. (NASDAQ:KUST), a ...

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(NASDAQ:KUST), a ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/26/01/50065307/exclusive-cycurion-seeks-to-acquire-kustom-video-unit-in-6-8-4-million-deal\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EXCLUSIVE: Cycurion Seeks To Acquire Kustom Video Unit In $6-$8.4 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEXCLUSIVE: Cycurion Seeks To Acquire Kustom Video Unit In $6-$8.4 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-22 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/26/01/50065307/exclusive-cycurion-seeks-to-acquire-kustom-video-unit-in-6-8-4-million-deal><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cycurion, Inc. (NASDAQ:CYCU) on Thursday announced that it has entered into a Memorandum of Understanding (MOU) to acquire the video-solutions division of Kustom Entertainment, Inc. (NASDAQ:KUST), a ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/26/01/50065307/exclusive-cycurion-seeks-to-acquire-kustom-video-unit-in-6-8-4-million-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4123","symbol_name":"调查和咨询服务","start_time":0,"source_url":"https://www.benzinga.com/m-a/26/01/50065307/exclusive-cycurion-seeks-to-acquire-kustom-video-unit-in-6-8-4-million-deal","article_id":"2605549191","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/22/Business-Handshake-For-Teamwork-Of-Busin.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/m-a/26/01/50065307/exclusive-cycurion-seeks-to-acquire-kustom-video-unit-in-6-8-4-million-deal","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2605549191","pubTimestamp":1769087760,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Cycurion, Inc. (CYCU) to acquire video-solutions division of Kustom Entertainment, Inc. (KUST) for $6.0-8.4 million in cash and preferred stock. The addition could increase revenues by $5.1 million and strengthen customer reach. Subject to customary closing conditions.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4123":"调查和咨询服务","CYCU":"Cycurion","BK4157":"电子设备和仪器","KUST":"Kustom Entertainment Inc."},"translate_title":"独家：Cycurion寻求以6-840万美元收购Kustom视频部门","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KUST":1,"CYCU":1.5},"content_text":"Cycurion, Inc. (NASDAQ:CYCU) on Thursday announced that it has entered into a Memorandum of Understanding (MOU) to acquire the video-solutions division of Kustom Entertainment, Inc. (NASDAQ:KUST), a mobile video surveillance technologies provider.\nThe contemplated transaction valued between $6.0-8.4 million is based on the pro forma financial information, with $1-$1.4 million payable in cash and the remainder in Cycurion preferred stock.\nThe conversion price for Cycurion's preferred stock shall be equal to 20% above the 30-day VWAP of Cycurion's common stock before the closing and subject to adjustment to reflect stock splits, stock dividends, recapitalizations, and other similar events, and down round protection as outlined in a definitive agreement.\nKustom shall have the right, but not the obligation, to convert the preferred stock into shares of Cycurion common stock at any time after the registration of the shares underlying the preferred stock.\n\"By combining Kustom's proven video and evidence management expertise with our AI-powered cybersecurity platforms, we expect to create a comprehensive, secure ecosystem for public safety agencies and enterprises. The deal is expected to deliver immediate top- and bottom-line growth, strengthen recurring revenue, and unlock significant cross-selling potential all at what we believe is an attractive valuation,\" Cycurion CEO Kevin Kelly said.\nCycurion said that the addition of Kustom's video-solutions division could increase its revenues by approximately $5.1 million, or 35% in 2026 compared to 2025, and approximately $8.0 million in backlog from Kustom's established contracts and recurring subscription models.\nThis may build on Cycurion's strong momentum and forecasted run-rate growth. The company said that the transaction could provide Cycurion with immediate access to Kustom's extensive client footprint.\nThis includes agencies from all 50 U.S. states and more than 30 countries. Kustom has built a broad network serving thousands of end-users through its deployments, including over 300 subscription contracts for its video solutions as of 2025.\nThe transaction would be subject to customary closing conditions, including regulatory approvals and applicable shareholder approval.\nPrice Action: Cycurion shares were up 3.89% at $2.60, and Kustom Entertainment shares were down 3.26% at $2.08 during premarket trading on Thursday, according to Benzinga Pro data.\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605549191","isCrawlerRequest":true}