8-K
filed January 3, 2024, 6:59 PM ET
ticker CYCU
CIK 0001868419
leadership
confidence high
sentiment negative
materiality 0.85
Western Acquisition Ventures Corp. entire board and CEO/CFO resign; McCormick appointed CEO and director
Cycurion, Inc.
- All five directors (Christoffersen, Lischak, Okunabi, Smith, Stern) resigned effective Dec 28, 2023; CEO/CFO resigned Dec 27.
- Departures due to potential excise tax liability under Inflation Reduction Act; no disagreements cited.
- James P. McCormick appointed CEO, CFO, Treasurer, Secretary, and director effective immediately.
- McCormick previously COO/CFO of KushCo Holdings (2017-2019) and CEO of Ignite International (2019).
- McCormick's compensation package not yet finalized; expected to be reported in subsequent filing.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
William Lischak resigned as Director at Cycurion, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James P. McCormick was elected as Director at Cycurion, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
The Company, by unanimous written consent, has elected Mr. McCormick, as described above, to serve on the Board of Directors, effective December 28, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ade Okunabi resigned as Director at Cycurion, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robin Smith resigned as Director at Cycurion, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James P. McCormick was appointed as Chief Executive Officer at Cycurion, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
The Company has appointed James P. McCormick, 57, to serve as the Chief Executive Officer, Chief Financial Officer, Treasurer, and Secretary of the Company, effective immediately upon the acceptance of Mr. Christoffersen’s and Mr. Lischak’s resignations as executive officers.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Adam Stern resigned as Director at Cycurion, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
William Lischak resigned as Chief Financial Officer at Cycurion, Inc..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
The Company has accepted William Lischak’s resignation from his position as Chief Financial Officer of the Company, effective December 27, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Christoffersen resigned as Director at Cycurion, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Christoffersen resigned as Chief Executive Officer at Cycurion, Inc..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
The Company has accepted Stephen Christoffersen’s resignation from his position as Chief Executive Officer of the Company, effective December 27, 2023.
View on SEC.gov
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