Kustom Entertainment Jumps 57% as $5.5 Million Asset Sale Faces Closing-Day Credit Test
Kustom Entertainment, Inc. shares were indicated 57.4% higher at $1.59 before Wednesday’s regular session as the scheduled closing date arrived for the sale of its video-solutions business. The $5.5 million base package is 8.7 times Kustom’s $630,910 market value at Tuesday’s close.