{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-004275","form_type":"8-K","ticker":"CYCU","cik":"0001868419","company_name":"Cycurion, Inc.","filed_at":"2023-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.271442+00:00","generated_at":"2026-06-20T14:55:59.709266+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"WAVS enters forward purchase agreement to backstop up to 300K shares in Cycurion business combination","bullets":["Alpha Capital purchased 300,000 shares from redeeming stockholders and waives redemption rights in WAVS-Cycurion merger.","Put right: Alpha may sell shares to WAVS at redemption price between 6-12 months post-closing, with acceleration triggers.","Agreement includes reset price mechanism starting at $8.00, subject to adjustments based on VWAP.","WAVS will fund escrow account at closing equal to redemption price times shares held by Alpha.","Brokerage fees reimbursed up to $0.05/share purchase and $0.02/share disposition."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-004275","json":"https://secwatch.observer/filing/0001104659-23-004275.json","markdown":"https://secwatch.observer/filing/0001104659-23-004275.md","text":"https://secwatch.observer/filing/0001104659-23-004275.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868419/000110465923004275/0001104659-23-004275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868419/000110465923004275/tm233693d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T14:55:59.709266+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b5a7b336981e2ac6d5b4b490bf3c50f055c5ba06","claim":"Cycurion, Inc. entered into Forward Share Purchase Agreement with Alpha Capital Anstalt (effective 2023-01-10).","evidence_excerpt":"On January 10, 2023, Western Acquisition Ventures Corp. (“WAVS”), Cycurion, Inc., a Delaware corporation (“Cycurion”), and Alpha Capital Anstalt (“Alpha”), entered into a Forward Share Purchase Agreement (the “Forward Purchase Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868419/000110465923004275/0001104659-23-004275-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Alpha Capital Anstalt"},{"label":"Effective","value":"2023-01-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}