Cycurion (CYCU) provided an update on the revised non-binding Memorandum of Understanding, MOU, with Kustom Entertainment (KUST) for the acquisition of Kustom’s legacy video solutions segment. The transaction is expected to contribute approximately $5.1M in annual revenue and an estimated $8M backlog comprised of established contracts and recurring subscription revenue. These figures are based on the pro forma financials jointly prepared by both parties and are consistent with the segment’s historical performance. Both parties plan to work diligently to close the transaction as quickly as possible, targeting completion by the beginning of June 2026, subject to final due diligence, execution of a definitive agreement, and satisfaction of customary closing conditions.
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