Western Acquisition Ventures unit Cycurion extends Kustom Entertainment video-division asset deal, pays USD 250,000 fee
CYCU•Deal extension and fee
Western Acquisition Ventures reported Cycurion entered an amended deal to buy Kustom Entertainment’s video-solutions division assets, targeting a Sept. 15, 2026 close.
Buyer agreed to an immediate, non-refundable cash payment of $250,000 to secure the extension.
Revised consideration and closing status
Deal consideration also swaps 2,000,000 warrants for Series H Preferred Stock with a $600,000 stated value.
Series H Preferred Stock carries a 12% annual dividend and converts to common stock at $1.45 per share.
All closing conditions were reported satisfied or waived, keeping the transaction on track for the extended deadline.
