M&A
confidence high
sentiment neutral
materiality 0.70
Western Acquisition Ventures enters definitive agreement to merge with Cycurion
Cycurion, Inc.
- Aggregate consideration of 9,500,000 shares of Registrant common stock for all Cycurion capital stock.
- Cycurion will merge with WAV Merger Sub and survive as a wholly owned subsidiary of Registrant.
- Conditions include stockholder vote, S-4 effectiveness, and net tangible assets >= $5,000,001.
- Support agreements obtained from Cycurion stockholders, sponsor, and certain directors/officers.
- Outside termination date is May 31, 2023, with customary termination rights.