secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2026-05-29T01:57:10+00:00
Accession:  0001868419-26-000037
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cycurion acquires Secuvant for ~$2.875M; expects $3M revenue, $1.5M EBITDA in FY 2026
--------------------------------------------------------------------------------

- Total consideration $2.875M: $875K cash (staged) + 888,888 Series I preferred shares (~$2.0M).
- Contingent earn-out: guaranteed $100K/yr cash plus performance-based payments tied to Panoptic gross profit.
- Expected to close within 7–10 days; Secuvant contributes ~$3M annualized revenue and ~$1.5M EBITDA.
- Acquisition combines Secuvant's Panoptic platform with HavenX for automated, scalable threat defense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000186841926000037/0001868419-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000186841926000037/cycu-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001868419-26-000037

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