false
0001868419
0001868419
2026-08-03
2026-08-03
0001868419
CYCU:CommonStockParValue0.0001PerShareMember
2026-08-03
2026-08-03
0001868419
CYCU:RedeemableWarrantsEachExercisableForOneShareOfCommonStockAtExercisePriceOf345.00PerShareMember
2026-08-03
2026-08-03
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): August 3, 2026 ( July
30, 2026)

Cycurion,
Inc.
(Exact
Name of Registrant as Specified in Its Charter)
| Delaware |
|
001-41214 |
|
86-3720717 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
| 1640
Boro Place, Suite 420C McLean,Virginia |
|
22102 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (888) 341-6680
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
| Common
stock, par value $0.0001 per share |
|
CYCU |
|
The
NASDAQ Stock Market LLC |
| Redeemable
warrants, each exercisable for one share of common stock at an exercise price of $345.00 per share |
|
CYCUW |
|
The
NASDAQ Stock Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
1.01 Entry into a Material Definitive Agreement.
On
July 30, 2026, Cycurion, Inc. (the “Company”) entered into a warrant inducement agreement (the “Inducement Agreement”)
with a holder (the “Holder”), pursuant to which the Holder agreed to exercise for cash certain existing warrants issued
on December 5, 2025 (the “Existing Warrants”) to purchase an aggregate of 3,341,439 shares of the Company’s common
stock.
Pursuant
to the Inducement Agreement, the Company agreed to reduce the exercise price of the Existing Warrants from $3.62 per share to $1.35 per
share solely with respect to the exercise contemplated by the Inducement Agreement. Upon exercise of the Existing Warrants, the Company
expects to receive aggregate gross proceeds of approximately $4.5 million before payment of financial advisory fees and other offering
expenses.
As
consideration for the immediate exercise of the Existing Warrants, the Company agreed to issue to the Holder in a private placement new
unregistered warrants (the “New Warrants”) to purchase up to 5,012,159 shares of the Company’s common stock, representing
150% of the number of shares underlying the exercised Existing Warrants.
The
New Warrants will have an exercise price of $1.65 per share, will become exercisable upon receipt of stockholder approval as may be required
under applicable Nasdaq rules, and will expire on the fifth anniversary of the date such stockholder approval is obtained. The New Warrants
contain customary anti-dilution adjustments, cashless exercise provisions and beneficial ownership limitations of 4.99% (subject to increase
to 9.99% upon notice by the holder).
The
Company agreed to file a registration statement covering the resale of the shares issuable upon exercise of the New Warrants within 90
calendar days following July 30, 2026, and to use commercially reasonable efforts to cause such registration statement to become
effective within specified periods set forth in the Inducement Agreement. The shares of common stock issued upon exercise of the Existing
Warrants are eligible for resale by the Holder pursuant to Rule 144 under the Securities Act of 1933, as amended (the “Securities
Act”).
The
closing of the transaction took place on August 3, 2026.
The
foregoing description of the Inducement Agreement and the New Warrants does not purport to be complete and is qualified in its entirety
by reference to the full text of the Inducement Agreement and New Warrant, copies of which are filed as Exhibits 10.1 and 4.1,
respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
In
connection with the transaction, the Company entered into a Financial Advisory Agreement with A.G.P./Alliance Global Partners (“A.G.P.”),
pursuant to which A.G.P. acted as exclusive financial advisor. Under the Financial Advisory Agreement, the Company agreed to pay A.G.P.
a cash fee equal to 6.0% of the aggregate gross proceeds raised in the transaction and an additional fee of $200,000 relating to prior
financial advisory services, together with reimbursement of certain legal expenses up to $45,000.
Item
3.02 Unregistered Sales of Equity Securities.
The
information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
The
New Warrants and the shares of common stock issuable upon exercise thereof have not been registered under the Securities Act, and are
being offered and sold in reliance upon the exemption from registration afforded by Section 4(a)(2) of the Securities Act and Regulation
D promulgated thereunder. The Holder represented that it is an accredited investor and acquired the New Warrants for investment purposes
and not with a view toward distribution.
Item
8.01 Other Events.
On
July 31, 2026, the Company issued a press release announcing the warrant inducement transaction described in Item 1.01 of this Current
Report on Form 8-K. A copy of the press release is furnished as Exhibit 99.1 hereto.
This
Current Report on Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there
be any sale of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits:
| Exhibit
No. |
|
Description |
| 4.1 |
|
Common Stock Purchase Warrant |
| 10.1 |
|
Warrant
Inducement Agreement, dated July 30, 2026, by and between Cycurion, Inc. and the Holder. |
| 99.1 |
|
Press Release dated July 31, 2026. |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
| |
CYCURION,
INC. |
| |
|
|
| Date:
August 3, 2026 |
By: |
/s/
L. Kevin Kelly |
| |
Name: |
L.
Kevin Kelly |
| |
Title: |
Chief
Executive Officer |
Exhibit
99.1
Cycurion
Announces a Warrant Inducement Transaction for $4.5 Million in Gross Proceeds Priced At-the-Market Under Nasdaq Rules
MCLEAN,
Va., July 31, 2026 (GLOBE NEWSWIRE) ———— Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”),
a trusted leader in IT cybersecurity and AI-driven solutions, today announced its entry into a warrant inducement agreement with an existing
institutional investor of the Company for the immediate exercise of warrants to purchase up to 3,341,439 of the Company’s common
stock (the “Existing Warrants”) at an exercise price of $1.35 per share for gross cash proceeds of approximately $4.5 million,
before deducting fees and other transaction expenses. The Company intends to use the net proceeds from the warrant inducement transaction
for working capital and other general corporate purposes.
A.G.P./Alliance
Global Partners is acting as the exclusive financial advisor in this warrant inducement transaction.
In
consideration for the immediate exercise in full of the Existing Warrants, the investor will receive in a private placement new unregistered
warrants to purchase up to 5,012,159 of the Company’s common stock (the “New Warrants”), representing 150% of the number
of shares of common stock underlying the Existing Warrants exercised in the transaction. The New Warrants will have an exercise price
of $1.65 per share, will be initially exercisable upon shareholder approval, and will expire five (5) years from the date shareholder
approval is obtained. The closing of the warrant inducement transaction is expected to occur on or about August 3, 2026, subject to satisfaction
of customary closing conditions.
The
shares of common stock underlying the Existing Warrants are eligible to be resold pursuant to Rule 144 of the of Securities Act of 1933,
as amended (the “Securities Act”). The private placement of the New Warrants and the shares underlying the New Warrants offered
to the institutional investor will be made in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act
and Regulation D promulgated thereunder. Accordingly, the securities issued in the private placement may not be offered or sold in the
United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of
the Securities Act and such applicable state securities laws. The Company has agreed to file a registration statement with the U.S. Securities
and Exchange Commission covering the resale of the shares of common stock issuable upon exercise of the New Warrants.
This
press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in this warrant inducement
transaction, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or
sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About
Cycurion, Inc.
Based
in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering
secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity,
Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries,
Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate
clients committed to securing the digital future. For more information, visit www.cycurion.com.
Forward-Looking
Statements
This
press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including, but
not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Certain
statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact
may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding the expected closing
of the warrant inducement transaction, the satisfaction of closing conditions, the receipt and use of proceeds, shareholder approval
of the New Warrants, the future exercise of the New Warrants and the Company’s business and growth strategy; the acceleration of
the Company’s inorganic growth strategy; the continued execution on the Company’s backlog; and other statements that are
not historical facts, including statements which may be accompanied by words such as “continue,” “will,” “may,”
“could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to
identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause
actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside
the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to, risks
related to customer performance and satisfaction, contract modifications, and delays; the outcomes of the Company’s investigations,
any potential legal proceedings, or the future performance of the Company’s stock. Additional factors that could cause actual results
to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report
on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange
Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change.
Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements,
whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements
speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any
subsequent date.
Cycurion
Investor Relations:
(888)
341-6680
investors@cycurion.com
Cycurion
Media Relations:
(888)
341-6680
media@cycurion.com