secwatch.observer — SEC 8-K summary
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Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2026-05-26T21:30:52+00:00
Accession:  0001868419-26-000032
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Cycurion acquires Halo Privacy and HavenX for $1M cash, $1.5M stock, and deferred payments up to $7.5M
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- Merger consideration includes $1.0M cash, $1.5M in Cycurion common stock, and $2.0M, $2.5M, $3.0M annual installment payments.
- Additional contingent earnout payments and up to $1.0M in Babylon Contract bonus payments are included in the deal.
- Halo Privacy generated $7M total revenue in 2025, with $5.5M in high-margin ARR, 95% from U.S. government clients.
- The acquisition is expected to close at the end of June 2026; a multi-year multimillion-dollar government contract was awarded in March 2026.
- Shares issued are subject to lock-up and registration rights; clawback provisions allow offset up to $3.0M for contract or financial restatements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000186841926000032/0001868419-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000186841926000032/cycu-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001868419-26-000032

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