Western Acquisition Ventures Corp (WAVS) generated news around its blank-check company structure and related corporate actions. Recurring developments include material agreements, shareholder voting matters, SPAC security-structure disclosures, governance updates, capital-structure changes and operating or financial results. Later company materials identify current reporting under Cycurion, Inc., where updates also center on contracts, backlog information, listing-rule compliance and securities outstanding within the same issuer record.
Cycurion, a tech-enabled cybersecurity solutions provider, announces L. Kevin Kelly as the new CEO, effective February 14, 2023. Founder Emmit McHenry will remain as Chairman of the Board, facilitating a smooth transition and focusing on strategic growth. Kelly brings nearly 30 years of corporate experience, including leadership roles in cybersecurity and consulting firms. This leadership change comes as Cycurion prepares for a merger with Western Acquisition Ventures Corp. (WAVS), aiming to enhance its public standing and strengthen its cybersecurity offerings amidst evolving cyber threats.
Western Acquisition Ventures Corp. (NASDAQ:WAVS) announced stockholder approval for a one-month extension to finalize its business combination with Cycurion, a cybersecurity firm, during a special meeting on January 6, 2023. The new deadline to complete the transaction is now July 11, 2023. For each one-month extension, the Company will deposit $10,000 into its Trust Account, totaling up to $60,000. The merger is anticipated to close in H1 2023, with the combined entity operating under the Cycurion, Inc. name and listed on NASDAQ.