8-K
filed June 9, 2026, 5:28 PM ET
ticker CYCU
CIK 0001868419
M&A
confidence high
sentiment positive
materiality 0.90
Cycurion completes acquisition of Secuvant for $2.875M; adds Panoptic platform
Cycurion, Inc.
- Total consideration $2.875M: $875K cash + 888,888 preferred shares valued at ~$2.0M.
- Earn-out: guaranteed $100K/year for 3 years plus performance-based tied to gross profit; paid 50% cash/50% stock.
- Created 888,888 shares Series I Convertible Preferred Stock, stated value $2.25, convertible at $2.25/share.
- Appointed Danny White as Chief Product Officer with $185K salary, $30K sign-on bonus, $250K RSU grant.
- Entered 6-month lock-up and 5-quarter leak-out agreements with Secuvant equityholders.
Featured in Daily 8-K Digest
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Cycurion, Inc.: Filed Certificate of Designation for Series I Convertible Preferred Stock (effective 2026-06-03).
- Change
- charter amendment
- Effective
- 2026-06-03
Exact text from the filing
We have authorized 888,888 shares of our Series I Convertible Preferred Stock, par value $0.0001 per share, with a stated value of $2.25 per share.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cycurion, Inc. entered into Lock-Up Agreements with Holders (former equityholders of Secuvant) valued at Holders agreed not to transfer preferred stock or common shares issuable upon conversion for six mon (effective 2026-06-03).
- Action
- entry
- Counterparty
- Holders (former equityholders of Secuvant)
- Value
- Holders agreed not to transfer preferred stock or common shares issuable upon conversion for six mon
- Effective
- 2026-06-03
Exact text from the filing
ock-up agreements (the “Lock-Up Agreements”) with the Holders. Pursuant to the Lock-Up Agreements, the Holders agreed that,
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cycurion, Inc. entered into Leak-Out Agreements with Holders (former equityholders of Secuvant) valued at Holders may transfer securities only during specified five fiscal quarter period, limited to 20% per (effective 2026-06-03).
- Action
- entry
- Counterparty
- Holders (former equityholders of Secuvant)
- Value
- Holders may transfer securities only during specified five fiscal quarter period, limited to 20% per
- Effective
- 2026-06-03
Exact text from the filing
ontained in the Leak-Out Agreements (as defined below). In addition, the Lock-Up Agreements include a price-based acceleration provision,
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cycurion, Inc. entered into Merger Agreement with Secuvant, LLC valued at Merger of Merger Sub with and into Secuvant, with Secuvant surviving as wholly owned subsidiary (effective 2026-05-21).
- Action
- entry
- Agreement
- merger
- Counterparty
- Secuvant, LLC
- Value
- Merger of Merger Sub with and into Secuvant, with Secuvant surviving as wholly owned subsidiary
- Effective
- 2026-05-21
Exact text from the filing
On May 21, 2026 (the “Execution Date”), Cycurion, Inc. (the “Company”) entered into that certain merger agreement (the “Merger Agreement”) with Cycurion Merger Sub, LLC, a wholly owned subsidiary (“Merger Sub”), and Secuvant, LLC (“Secuvant”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cycurion, Inc. entered into Registration Rights Agreement with Secuvant, LLC and the former equityholders of Secuvant valued at Company agreed to file registration statement covering resale of common shares issuable upon convers (effective 2026-06-03).
- Action
- entry
- Agreement
- merger
- Counterparty
- Secuvant, LLC and the former equityholders of Secuvant
- Value
- Company agreed to file registration statement covering resale of common shares issuable upon convers
- Effective
- 2026-06-03
Exact text from the filing
On June 3, 2026, the Company entered into a registration rights agreement (the “Registration Rights Agreement”) with Secuvant and the former equityholders of Secuvant (the “Holders”) in connection with the consummation of the transactions contemplated by that certain Merger Agreement.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cycurion, Inc. entered into Escrow Agreement with Zions Bancorporation, National Association (Escrow Agent) and Ryan Layton (Authorized Representative) valued at Company to deposit 10% of Base Merger Consideration into escrow to secure indemnification obligation (effective 2026-06-03).
- Action
- entry
- Agreement
- merger
- Counterparty
- Zions Bancorporation, National Association (Escrow Agent) and Ryan Layton (Authorized Representative)
- Value
- Company to deposit 10% of Base Merger Consideration into escrow to secure indemnification obligation
- Effective
- 2026-06-03
Exact text from the filing
On June 3, 2026, the Company entered into an escrow agreement (the “Escrow Agreement”) with Zions Bancorporation, National Association, as escrow agent (the “Escrow Agent”), and Ryan Layton, solely in his capacity as the authorized representative of the Company Equityholders (the “Authorized Representative”), in connection with the consummation of the transactions contemplated by the Merger Agreement.
View on SEC.gov
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