Cycurion, Inc. (CYCU) Form 8-K — Jul 31, 2026
Cycurion entered into an Amendment No. 1 to the Asset Purchase Agreement with Kustom Entertainment to extend the closing date for the acquisition of the video-solutions division to September 15, 2026. As consideration for the forbearance and extension, the company agreed to pay a non-refundable $250,000 cash fee and replace the previously contemplated 2,000,000 warrants with $600,000 in Series H Preferred Stock.
Key figures
- Cash Payment
- 250000
- Dividend Rate
- 12.0%
- Preferred Value
- 600000
- Conversion Price
- 1.45
- Warrants Replaced
- 2000000
- New Closing Date
- September 15, 2026
- Ownership Limitation
- 9.99%
Price after filing
1 day: 0.0%7 days: +203.5%30 days: +139.1%
Close on the filing date to close N calendar days later (from $1.61). Historical, not a forecast.
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.