Cycurion and Kustom Team Up for a Big Deal

Cycurion, Inc. made a big move this week. They signed a deal to buy the video-solutions part of Kustom Entertainment, Inc. This deal could be worth between $6. 0 and $8. 4 million. Most of the payment will be in Cycurion's preferred stock, with a smaller amount in cash. The stock part of the deal has some interesting details. The price for converting preferred stock to common stock is set at 20% above the average stock price over the last 30 days. There are also protections in place if the stock price drops.Kevin Kelly, the CEO of Cycurion, is excited about this deal. He thinks combining Kustom's video expertise with Cycurion's cybersecurity platforms will create a strong, secure system. This could be good for both public safety agencies and businesses. The deal might also bring in more money and customers for Cycurion. Kustom's video-solutions division has a lot of customers. They work with agencies in all 50 U. S. states and over 30 countries. They also have more than 300 subscription contracts. This could help Cycurion grow its business. The deal isn't final yet. It still needs approval from regulators and shareholders. If it goes through, it could be a big win for both companies.