{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-025351","form_type":"8-K","ticker":"CYCU","cik":"0001868419","company_name":"Cycurion, Inc.","filed_at":"2025-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.456332+00:00","generated_at":"2026-05-17T10:20:45.842284+00:00","sec_items":["1.01","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cycurion exchanges $3.2M debt for Series G Preferred shares; plans reverse split and ELOC draw","bullets":["Exchanged $3,132,657 total debt from seven investors for 3,133 shares of Series G Convertible Preferred Stock.","Series G Preferred carries 12% annual dividend (paid in common shares), convertible at 1:1,000, and has liquidation preference.","Plans to use remaining $55 million ELOC for growth; must file new registration statement for additional draws.","Intends to effect a reverse stock split to maintain Nasdaq listing compliance, subject to shareholder approval.","Recapitalization strengthens balance sheet by converting convertible debt into preferred equity."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-025351","json":"https://secwatch.observer/filing/0001641172-25-025351.json","markdown":"https://secwatch.observer/filing/0001641172-25-025351.md","text":"https://secwatch.observer/filing/0001641172-25-025351.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868419/000164117225025351/0001641172-25-025351-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868419/000164117225025351/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:20:45.842284+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}