# Cycurion, Inc. (CYCUW) — capital_raise [completed]
Source: SEC API (secapi.ai) · situation sit_57363537bc7a0b32cc6f · retrieved 2026-08-11T16:11:13.061Z

## Overview
Cycurion, Inc. is a computer programming services company that develops, sells, licenses, and services video hardware, camera products, platforms, and software solutions for law enforcement, public safety, and commercial sectors.

Cycurion, Inc. completed the acquisition of substantially all assets of Kustom Entertainment, Inc.'s video-solutions division on August 3, 2026, pursuant to an Asset Purchase Agreement dated June 24, 2026, as amended July 23, 2026. The acquired business develops, sells, licenses, and services video hardware, camera products, platforms, and software solutions. Total consideration consists of: (i) $1,250,000 in cash; (ii) a secured promissory note with original principal of $4,250,000 at 7.0% interest, payable in 30 monthly installments of $154,835.60 beginning February 15, 2027, with interest-only payments for the first six months; (iii) contingent earnout consideration of up to $1,000,000 based on future performance; and (iv) Series H Preferred Stock with aggregate stated value of $600,000, accruing dividends at 12.0% per annum and convertible into common stock at $1.45 per share.

## Terms
- Counterparty: Kustom Entertainment, Inc. · Deal value: $4.5M · Consideration: mixed · Price/share: $1.45

## Key dates
- Announced 2026-07-31 · Expected close 2026-08-03 · Completed 2026-08-03

## Timeline
- 2026-07-31 · 8-K (0001628280-26-051447): 8-K - Cycurion, Inc. — *Cycurion, Inc. is a trusted leader in IT cybersecurity and AI-driven solutions, specializing in cybersecurity, program management, and business continuity for government, healthcare, and corporate clients.* Cycurion entered into a warrant inducement agreement with an existing institutional investor to exercise 3,341,439 existing warrants at $1.35 per share for gross cash proceeds of approximately $4.5 million. In consideration, the investor will receive 5,012,159 new unregistered warrants (150% of exercised shares) at an exercise price of $1.65 per share, exercisable upon shareholder approval and expiring five years from approval. The transaction is expected to close on or about August 3, 2026. Net proceeds will be used for working capital and general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/1868419/0001628280-26-051447.txt
- 2026-08-03 · 8-K (0001493152-26-035854): 8-K - Cycurion, Inc. — *Cycurion, Inc. is a computer programming services company (formerly Western Acquisition Ventures Corp.) that provides technology services.* On July 30, 2026, Cycurion, Inc. entered into a warrant inducement agreement with Armistice Capital Master Fund Ltd. Under the agreement, Armistice exercised 3,341,439 existing warrants (originally issued December 5, 2025 at $3.62/share) at a reduced exercise price of $1.35 per share, generating approximately $4.5 million in gross proceeds for the Company. In consideration, Cycurion issued 5,012,159 new unregistered warrants to Armistice, representing 150% of the exercised warrant shares, with an exercise price of $1.65 per share and a five-year term from stockholder approval. The transaction closed on August 3, 2026.
  https://www.sec.gov/Archives/edgar/data/1868419/0001493152-26-035854.txt
- 2026-08-04 · 8-K (0001493152-26-036024): 8-K - Cycurion, Inc. — *Cycurion, Inc. is a computer programming services company that develops, sells, licenses, and services video hardware, camera products, platforms, and software solutions for law enforcement, public safety, and commercial sectors.* Cycurion, Inc. completed the acquisition of substantially all assets of Kustom Entertainment, Inc.'s video-solutions division on August 3, 2026, pursuant to an Asset Purchase Agreement dated June 24, 2026, as amended July 23, 2026. The acquired business develops, sells, licenses, and services video hardware, camera products, platforms, and software solutions. Total consideration consists of: (i) $1,250,000 in cash; (ii) a secured promissory note with original principal of $4,250,000 at 7.0% interest, payable in 30 monthly installments of $154,835.60 beginning February 15, 2027, with interest-only payments for the first six months; (iii) contingent earnout consideration of up to $1,000,000 based on future performance; and (iv) Series H Preferred Stock with aggregate stated value of $600,000, accruing dividends at 12.0% per annum and convertible into common stock at $1.45 per share.
  https://www.sec.gov/Archives/edgar/data/1868419/0001493152-26-036024.txt

## Citations
- 0001628280-26-051447 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026051447
- 0001493152-26-035854 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226035854
- 0001493152-26-036024 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226036024