Kustom Entertainment Sells Nobility Healthcare Stake for $1.45 Million

Reuters

Jan 12

Kustom Entertainment Sells Nobility Healthcare Stake for $1.45 Million

Kustom Entertainment, Inc. has completed the sale of its 51% ownership interest in Nobility Healthcare, LLC to the subsidiary’s existing 49% minority owner for total estimated proceeds of $1.45 million. The transaction, which closed on January 8, 2026, was structured with $100,000 in cash paid at closing, $209,501 in credits related to prior advances and net working capital, and a promissory note of $1,140,499 at 6% interest, with quarterly payments starting in July 2026. This move is part of Kustom Entertainment’s strategic shift to focus exclusively on its live event production and online ticketing platform businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kustom Entertainment Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9623660) on January 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 9623660) on January 12, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BKPKM429.USD","symbol_name":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260112:nNDL2KGJNJ:1","article_id":"2602122475","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602122475","pubTimestamp":1768221089,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Kustom Entertainment, Inc. has completed the sale of its 51% ownership interest in Nobility Healthcare, LLC to the subsidiary’s existing 49% minority owner for total estimated proceeds of $1.45 million. 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The transaction, which closed on January 8, 2026, was structured with $100,000 in cash paid at closing, $209,501 in credits related to prior advances and net working capital, and a promissory note of $1,140,499 at 6% interest, with quarterly payments starting in July 2026. This move is part of Kustom Entertainment’s strategic shift to focus exclusively on its live event production and online ticketing platform businesses.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kustom Entertainment Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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