secwatch.observer — SEC 8-K summary
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Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001104659-24-000758
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Acquisition Ventures Corp. entire board and CEO/CFO resign; McCormick appointed CEO and director
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000110465924000758/0001104659-24-000758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000110465924000758/tm241826d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-000758

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer