secwatch.observer — SEC 8-K summary
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Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001868419-26-000022
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cycurion accelerates MOU closing for Kustom video solutions; reports $2.2M cost cuts
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- Both parties target closing by early June 2026, accelerating from prior timeline.
- Purchase price of $5.5M: $1.25M cash at closing plus $4.25M secured promissory note, warrants, and earn-out.
- Acquired segment expected to contribute ~$5.1M annual revenue and $8M backlog of contracts and recurring subs.
- CEO cites $2.2M in annual cost savings from restructuring; new Fortune 500 multi-year contract valued at ~$1M in Y1.
- Management targets profitable growth to reach $40M+ revenue by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000186841926000022/0001868419-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000186841926000022/cycu-20260420.htm
  HTML page:      https://secwatch.observer/filing/0001868419-26-000022

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