Kustom Entertainment, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $6.5M
- Price
- $0.9961
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.38%
- Volume
- 249.4K
About
Kustom Entertainment, Inc. is dedicated to the creation, production, and sale of digital audio, video capture, and speed measurement devices. Its business activities are structured into three principal divisions: Video Solutions, Revenue Cycle Management, and Entertainment. The Video Solutions segment delivers video recording systems and associated services to both law enforcement agencies and commercial entities, along with supplying Shield brand disinfectants and personal protective equipment. The Revenue Cycle Management unit oversees medical billing operations through its various subsidiary companies. Furthermore, the Entertainment sector is centered on offering ticketing services, predominantly facilitated by TicketSmarter and its online portal, TicketSmarter.com. The company was established on December 13, 2000, and its corporate headquarters are situated in Overland Park, Kansas.
Quick stats
Shares outstanding626.9K
Computed float581.0K
Float / shares92.7%
Key info
SectorCommunication Services
IndustryEntertainment
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001342958
Websitehttps://www.kustom440.com
AI Summary
AI-generated1/28
minorneutralm and a
Kustom Entertainment Closes $6.1 Million Divestiture of Legacy Video Solutions Business to Cycurion
Cycurion has acquired the legacy video solutions business from Kustom Entertainment for a total consideration of $6.1 million.
The transaction terms included $1.25 million in upfront cash, a $4.25 million secured promissory note, and $600,000 in preferred equity.
The promissory note bears 7.0% interest over 36 months, while the preferred stock pays a 12% annual dividend and is convertible at $1.45 per share.