Cycurion, Inc. shareholders approved A proposal to amend the Company's Certificate of Incorporation, to extend the date by which the Company has to consummate a business combination, such extension for an additional three (3)-month period, from April 11, 2024 through and including July 11, 2024 at the 2024-04-10 meeting.
“Proposal 1 - A proposal to amend the Company’s Certificate of Incorporation, to extend the date by which the Company has to consummate a business combination, such extension for an additional three (3)-month period, from April 11, 2024 through and including July 11, 2024 (such date actually extended being referred to as the “ Extended Termination Date ”). FOR AGAINST ABSTAIN NON-VOTES 3,353,472 23,940 0 0”
Listing & Compliance Notices
Cycurion, Inc. received a nasdaq deficiency notice notice regarding other (rules 5605(b)(1), 5605(b)(1)(A), 5810(b)).
“which was previously reported in a current report on Form 8-K filed with the Securities and Exchange Commission on January 3, 2024, the Company no longer complies with Nasdaq’s Majority Independent Board rule, its Audit Committee Rule, or its Compensation Committee Rule as set forth in Listing Rule 5605(b)(1). In accordance with Nasdaq Listing Rule 5605(b)(1)(A), Nasdaq will provide the Company a cure period in order to regain compliance as follows: (i) until the earlier of the Company’s next annual stockholders’ meeting or December 28, 2024; or (ii) if the Company’s next annual stockholders’”
Listing & Compliance Notices
Cycurion, Inc. received a nasdaq deficiency notice notice regarding other (rules 5550(a)(4)).
“February 6, 2024, Western Acquisition Ventures Corp., a Delaware corporation (the “Company”), received a notification letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company no longer meets the minimum 500,000 publicly held shares requirement for continued listing on The Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(4). The notification received has no immediate effect on the listing of the Company’s common stock on Nasdaq. Under Nasdaq Listing Rules, the Company has 45 calendar dates, or until March”
Ryan Selewicz was appointed as director at Cycurion, Inc..
“On January 18, 2024, the Board of Directors (the “Board”) of Western Acquisition Ventures Corp. (the “Company”), appointed Ryan Selewicz as a director of the Company, effective immediately.”
Governance Changes
Cycurion, Inc.: Extended deadline to consummate business combination from January 11, 2024 to April 11, 2024 (effective 2024-01-10).
“The Charter Amendment extends the date by which the Company has to consummate a business combination from January 11, 2024 to April 11, 2024.”
Shareholder Votes
Cycurion, Inc. shareholders approved Direct the chairman of the Special Meeting to adjourn the Special Meeting to a later date, if necessary, to permit further solicitation and vote of proxies. at the 2024-01-09 meeting.
“Proposal 3 – A proposal to direct the chairman of the Special Meeting to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve the foregoing proposals. FOR AGAINST ABSTAIN NON-VOTES 3,022,390 3,006 0 0”
Shareholder Votes
Cycurion, Inc. shareholders approved Amend the Company's investment management trust agreement to allow the Company to extend the Extended Termination Date by depositing into the Trust Account $100. at the 2024-01-09 meeting.
“Proposal 2 – A proposal to amend the Company ’ s investment management trust agreement, dated as of January 11, 2022, as amended, by and between the Company and American Stock Transfer & Trust Company, LLC allowing the Company to extend the Extended Termination Date by depositing into the Trust Account $100. FOR AGAINST ABSTAIN NON-VOTES 3,022,390 3,006 0 0”
Shareholder Votes
Cycurion, Inc. shareholders approved Amend the Company's Certificate of Incorporation to extend the date by which the Company has to consummate a business combination from January 11, 2024 to April 11, 2024. at the 2024-01-09 meeting.
“Proposal 1 – A proposal to amend the Company’s Certificate of Incorporation, to extend the date by which the Company has to consummate a business combination, such extension for an additional three (3)-month period, from January 11, 2024 through and including April 11, 2024 (such date actually extended being referred to as the " Extended Termination Date "). FOR AGAINST ABSTAIN NON-VOTES 3,022,390 3,006 0 0”
James P. McCormick was elected as Director at Cycurion, Inc..
“The Company, by unanimous written consent, has elected Mr. McCormick, as described above, to serve on the Board of Directors, effective December 28, 2023.”
James P. McCormick was appointed as Chief Executive Officer at Cycurion, Inc..
“The Company has appointed James P. McCormick, 57, to serve as the Chief Executive Officer, Chief Financial Officer, Treasurer, and Secretary of the Company, effective immediately upon the acceptance of Mr. Christoffersen’s and Mr. Lischak’s resignations as executive officers.”
Adam Stern resigned as Director at Cycurion, Inc..
“Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.”
Robin Smith resigned as Director at Cycurion, Inc..
“Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.”
Ade Okunabi resigned as Director at Cycurion, Inc..
“Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.”
William Lischak resigned as Director at Cycurion, Inc..
“Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.”
William Lischak resigned as Chief Financial Officer at Cycurion, Inc..
“The Company has accepted William Lischak’s resignation from his position as Chief Financial Officer of the Company, effective December 27, 2023.”
Stephen Christoffersen resigned as Director at Cycurion, Inc..
“Each of Stephen Christoffersen, William Lischak, Ade Okunabi, Robin Smith and Adam Stern, constituting the entire Board of Directors, resigned effective December 28, 2023.”
Stephen Christoffersen resigned as Chief Executive Officer at Cycurion, Inc..
“The Company has accepted Stephen Christoffersen’s resignation from his position as Chief Executive Officer of the Company, effective December 27, 2023.”
Governance Changes
Cycurion, Inc.: Extended the deadline to consummate a business combination from July 11, 2023 to January 11, 2024 (effective 2023-07-11).
“Western filed on July 11, 2023 the Charter Amendment with the Delaware Secretary of State. The Charter Amendment extends the date by which the Company has to consummate a business combination (the “ Extension ”), from July 11, 2023 to January 11, 2024.”
Shareholder Votes
Cycurion, Inc. shareholders approved Amend the Company's investment management trust agreement to allow the Company to extend the Extended Termination Date for a total six-month period at the 2023-07-09 meeting.
“Proposal Number Two was to amend the Company’s investment management trust agreement, dated as of January 11, 2022 as amended (the “ Trust Agreement ”), by and between the Company and American Stock Transfer & Trust Company (the “ Trustee ”), allowing the Company to extend the Extended Termination Date for for the total six-month period 3,149,156 313,761 0”
Shareholder Votes
Cycurion, Inc. shareholders approved Amend the Certificate of Incorporation to extend the date by which the Company has to consummate a business combination from July 11, 2023 to January 11, 2024 at the 2023-07-09 meeting.
“Proposal Number One was to amend the Company’s Certificate of incorporation (the “ Charter ”), to extend the date by which the Company has to consummate a business combination from July 11, 2023 to January 11, 2024 the ( “Extended Termination Date” ) 3,149,156 313,761 0”
Listing & Compliance Notices
Cycurion, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
“staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that for the last 30 consecutive business days, the Company’s Minimum Value of Listed Securities (“MVLS”) was below the minimum of $50 million required for continued listing on the Nasdaq Global Market pursuant to Nasdaq listing rule 5450(b)(2)(A). The Notice has no immediate effect on the listing of the Company’s common stock, warrants and units, and the Company’s common stock continues to trade on the Nasdaq Global Market under the symbols “WAVS,” “WAVSW” and “WAVSU,” respectively. In accordance with Nasdaq listing rule 5810(c”
Material Agreements
Cycurion, Inc. entered into Forward Share Purchase Agreement with Alpha Capital Anstalt (effective 2023-01-10).
“On January 10, 2023, Western Acquisition Ventures Corp. (“WAVS”), Cycurion, Inc., a Delaware corporation (“Cycurion”), and Alpha Capital Anstalt (“Alpha”), entered into a Forward Share Purchase Agreement (the “Forward Purchase Agreement”).”
Governance Changes
Cycurion, Inc.: Extended deadline to consummate business combination up to six additional one-month periods from January 11, 2023 to July 11, 2023, upon $10,000 payments per extension (effective 2023-01-11).
“Western filed on January 11, 2023 the Charter Amendment with the Delaware Secretary of State. The Charter Amendment extends the date by which the Company has to consummate a business combination up to six (6) times, each such extension for an additional one (1) month period (each an “ Extension ”), from January 11, 2023 to July 11, 2023, upon payments to the Trust Account of $10,000 for each one-month Extension.”
Shareholder Votes
Cycurion, Inc. shareholders approved to amend the Company’s investment management trust agreement to allow the Company to extend the Extended Termination Date another six times, each extension for an additional one-month period, until July 11, 2023, by depositing $10,000 into the Trust Account for each one-month Extension at the 2023-01-06 meeting.
“Proposal Number Two was to amend the Company’s investment management trust agreement, dated as of January 11, 2022 (the “ Trust Agreement ”), by and between the Company and American Stock Transfer & Trust Company (the “ Trustee ”), allowing the Company to extend the Extended Termination Date another six (6) times, each such extension for an additional one (1) month period, until July 11, 2023, by depositing into the Trust Account $10,000 (the “ Extension Payment ”) for each one-month Extension (or up to an aggregate of $60,000 for the total six-month period) 10,156,618 408,859 0”
Shareholder Votes
Cycurion, Inc. shareholders approved to amend the Company’s Certificate of Incorporation to extend the date by which the Company has to consummate a business combination up to six times, each extension for an additional one-month period, from January 11, 2023 to July 11, 2023 at the 2023-01-06 meeting.
“Proposal Number One was to amend the Company’s Certificate of incorporation (the “ Charter ”), to extend the date by which the Company has to consummate a business combination up to six (6) times (the “ Charter Amendment ”), each such extension for an additional one (1) month period (each an “ Extension ”), from January 11, 2023 to July 11, 2023 10,156,618 408,859 0”
Material Agreements
Cycurion, Inc. entered into Agreement and Plan of Merger with Cycurion, Inc. and Emmit McHenry as stockholders' representative valued at 9,500,000 shares of Registrant Common Stock (effective 2022-11-22).
“On November 22, 2022, Western Acquisition Ventures Corp., a Delaware corporation (“ Registrant ”), WAV Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Registrant (“ Merger Sub ”), Cycurion, Inc., a corporation organized under the laws of Ontario (“ Cycurion ”) and Emmit McHenry as the stockholders’ representative (the “ Stockholders’ Representative ”), entered into an Agreement and Plan of Merger (“ Merger Agreement ”)”
Ali Jahangiri resigned as Director at Cycurion, Inc..
“On April 1, 2022, Ali Jahangiri resigned as a member of the Board of Directors (“Board”) of Western Acquisition Ventures Corp. (the “Company”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.