secwatch.observer — SEC 8-K summary
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Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001641172-25-024440
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000164117225024440/0001641172-25-024440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000164117225024440/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-024440

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