Kustom Entertainment Extends Deadline For Acquisition Of Ticketing Platform TFL To No Later Than December 18

Kustom Entertainment, Inc. (NASDAQ:KUST) ("Kustom" or the "Company"), an emerging leader in live music festival production and proprietary ticketing technology, today announced that it has executed an amendment to the definitive unit purchase agreement (the "Unit Purchase Agreement"), effective November 6, 2026, pursuant to which the Company agreed to acquire 100% of the equity interests of TFL, LLC ("TFL"), a premier wholesale ticketing distribution and live event technology platform.

Under the terms of the amendment, the parties have mutually agreed to extend the timeline to complete the transaction, providing for closing to occur no later than December 18, 2026.

Transaction Details & Growth Synergies:

The extension allows additional time to satisfy customary closing conditions as outlined in the Unit Purchase Agreement signed on August 31, 2026. Upon completion, the transformational transaction will unite Kustom’s live music festival ecosystem with TFL’s high-margin inventory distribution engine and proprietary technology platforms, including TFLConnect and eCommerce operations powering TicketSmarter.com.

The acquisition is expected to be immediately accretive to revenue, earnings, and adjusted EBITDA upon closing.