Western Acquisition Ventures CORP

Market Movers (8-K)

Cycurion, Inc. has successfully closed its acquisition of substantially all assets from Kustom Entertainment, Inc.'s video solutions segment, bolstering its cybersecurity and video surveillance capabilities.
Better than expected
Cycurion, Inc. announced a warrant inducement transaction to exercise existing warrants, raising approximately $4.5 million in gross proceeds and issuing new warrants.
Capital raise
Cycurion announced a significant 10-year, $54.6 million contract with a top-5 global consulting firm for a state health system modernization, alongside a $4.5 million warrant inducement transaction.
Capital raise
Cycurion, Inc. has amended its asset purchase agreement to acquire Kustom Entertainment's video-solutions division, extending the closing date to September 15, 2026, and modifying consideration terms.
Delay expected
Cycurion, Inc. reports that its previously announced merger agreement is unlikely to close by the outside date due to unmet conditions, including key employee agreements and financial statement delivery.
Worse than expected
Delay expected
Cycurion, Inc. announced its Nasdaq listing hearing is scheduled for August 2026 to appeal a delisting determination related to minimum bid price requirements.

Quarterly Earnings (10-Q)

Cycurion, Inc. reported a decrease in revenue for the first quarter of 2026 compared to the prior year, citing a planned wind-down of legacy contracts and delays in new contract starts.
Capital raise
Worse than expected
Cycurion, Inc. reported a significant net loss for Q3 2025, driven by business combination expenses, while navigating Nasdaq delisting threats and executing a reverse stock split.
Worse than expected
Delay expected
Capital raise
Cycurion, Inc. reported a significant net loss of $15.5 million for the first six months of 2025 and faces multiple Nasdaq compliance issues, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
Cycurion, Inc. reported a significant net loss of $10.25 million in Q1 2025, a substantial increase from the prior year, despite completing a business combination and securing new contracts, while facing multiple Nasdaq listing non-compliance notices.
Worse than expected
Delay expected
Capital raise
Western Acquisition Ventures Corp. reports a net loss for the quarter ended September 30, 2024, while continuing efforts to finalize a business combination with Cycurion Inc.
Worse than expected
Delay expected
Capital raise
Western Acquisition Ventures Corp. filed its 10-Q for the quarter ended June 30, 2024, reporting a net loss and ongoing efforts to complete a business combination with Cycurion Inc.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

Cycurion, Inc. filed an amendment to its 2025 Annual Report to include required Part III disclosures and update executive leadership information.
Capital raise
Delay expected
Cycurion, Inc. reported a significant net loss of $24.06 million for fiscal year 2025, driven by business combination expenses and increased public company costs, alongside a 14.8% revenue decrease, while actively managing Nasdaq listing compliance and pursuing strategic growth initiatives.
Worse than expected
Capital raise
Delay expected
Cycurion, Inc. details its policy for recovering erroneously awarded compensation from executive officers following accounting restatements.
Capital raise
Better than expected
Western Acquisition Ventures Corp. is struggling to maintain its Nasdaq listing while working to complete a merger with Cycurion, Inc., facing significant challenges including a depleted trust account and board resignations.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

Cycurion, Inc. completes its business combination with Western Acquisition Ventures Corp., ushering in a new era with a focus on cybersecurity solutions.
Capital raise
Western Acquisition Ventures Corp. has entered into promissory notes with its sponsor and Cycurion Inc. to fund transaction expenses related to their business combination.
Western Acquisition Ventures Corp. announces that its stockholders have approved the business combination with Cycurion, Inc. at a special meeting held on January 24, 2025.
Capital raise

Proxy Statements (Def-14A)

Cycurion, Inc. has announced its 2026 Annual General Meeting of Stockholders, scheduled for July 23, 2026, to vote on several key proposals including a staggered board structure, director elections, auditor ratification, executive compensation, an amended equity incentive plan, and a reverse stock split.
Capital raise
Cycurion, Inc. calls a special meeting to approve the issuance of up to 3.3 million common shares from a December 2025 private placement to comply with Nasdaq rules.
Capital raise
Cycurion, Inc. stockholders approved a reverse stock split, an increase in authorized common stock, and an expanded equity incentive plan, among other corporate actions, via written consent.
Capital raise
Western Acquisition Ventures Corp. is seeking stockholder approval to extend the deadline for completing a business combination by three months, from January 11, 2025, to April 11, 2025.
Worse than expected
Delay expected
Western Acquisition Ventures Corp. is seeking stockholder approval to extend the deadline for completing its business combination by three months, from October 11, 2024, to January 11, 2025, to allow more time to finalize the deal with Cycurion.
Worse than expected
Delay expected
Western Acquisition Ventures Corp. is seeking stockholder approval to extend the deadline for completing its business combination with Cycurion, Inc. from July 11, 2024, to October 11, 2024.
Worse than expected
Delay expected

New Public Companies (S-1)

Cycurion, Inc. has filed a registration statement for the resale of up to 25,888,888 shares of common stock, while also addressing potential Nasdaq delisting concerns.
Worse than expected
Capital raise
Cycurion, Inc. filed an S-1 registration statement for the resale of nearly 5 million common shares by a selling stockholder and outlined a recent $6 million private placement, while reporting significant Q3 2025 net losses and ongoing going concern doubts.
Worse than expected
Capital raise
Cycurion, Inc. filed an S-1/A registration statement for a primary offering of up to 7,000,000 shares under an Equity Purchase Agreement and a secondary offering of various securities, while reporting significant net losses and a going concern doubt.
Worse than expected
Delay expected
Capital raise
Cycurion, Inc. reports continued operating losses and a significant accumulated deficit, raising substantial doubt about its ability to continue as a going concern, despite recent capital raising efforts and Nasdaq compliance.
Worse than expected
Capital raise
Cycurion, Inc. files an amendment to its Form S-1 registration statement for the resale of up to $15 million in common stock and 4.5 million commitment shares by Yield Point NY LLC.
Worse than expected
Capital raise
Cycurion, Inc. has filed a registration statement for the resale of up to $15 million in common stock, including shares underlying a pre-funded warrant, by Yield Point NY LLC.
Worse than expected
Capital raise

Schedule 13D - Activist Investments

Alvin McCoy III has filed a final amendment to his Schedule 13D, indicating he no longer beneficially owns more than 5% of Cycurion, Inc. due to an increase in outstanding shares.
Cycurion, Inc.'s Chief Financial Officer, Alvin McCoy III, has disclosed a beneficial ownership of 7.19% of the company's common stock, primarily through equity awards and deferred compensation.
Delay expected

Schedule 13G - Passive Investments

Armistice Capital, LLC and Steven Boyd have jointly filed a Schedule 13G, disclosing beneficial ownership of 4.99% of Cycurion, Inc.'s common stock as of March 31, 2026.
Alpha Capital Anstalt filed an amendment to its Schedule 13G, reporting a 3.818% beneficial ownership stake in Cycurion, Inc.
TD Securities (USA) LLC and its parent entities have reported zero beneficial ownership in Cycurion, Inc. common stock.
Worse than expected
TD Securities (USA) LLC, along with its affiliates, reported a 5.4% beneficial ownership stake in Cycurion, Inc. common stock, primarily through warrants.
M2B Funding Corp. has reported a significant beneficial ownership stake of 9.99% in Cycurion, Inc.'s common stock, totaling 1,318,277 shares, as of February 20, 2025.
Alpha Capital Anstalt has filed an amended Schedule 13G, reporting a 9.99% beneficial ownership stake in Cycurion, Inc., equivalent to 1,186,581 common shares.