Cycurion authorizes Series G Convertible Preferred Stock with 12% dividend and conversion rights

Cycurion, Inc.

Authorized 10,000 shares of Series G Convertible Preferred Stock, par value $0.0001 per share.
Holders receive 12% annual dividends payable quarterly in common stock on an as-converted basis.
Each Series G share converts into 1,000 shares of common stock, subject to 4.99% or 9.99% blockers.
Liquidation preference equal to stated value plus accrued dividends before common shareholders.
Company commits to cease dilutive financing and pursue non-dilutive funding strategies moving forward.

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 G Convertible Preferred Stock establishing terms, rights, and preferences (effective 2025-08-11).

Change: charter amendment
Effective: 2025-08-11

Exact text from the filing

The foregoing summary of the terms, rights and preferences of the Series G Convertible Preferred Stock, filed with the State of Delaware on August 11, 2025, is qualified in its entirety by reference to the text of the Series G Convertible Preferred Stock Certificate of Designation, which is filed hereto as Exhibit 3.1, and is incorporated herein by reference.

View on SEC.gov

13 governance changes filed in the last 30 days. Browse all governance changes →

Cycurion, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-024440

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.