Armistice Capital, LLC and Steven Boyd reported beneficial ownership of 289,388 shares of Cycurion, Inc., representing 4.99% of the common stock. The filing states Armistice Capital, as investment manager to Armistice Capital Master Fund Ltd., holds shared voting and dispositive power over these shares.
The Master Fund is identified as the direct holder; the Master Fund disclaims beneficial ownership arising from its inability to vote or dispose of the shares under its Investment Management Agreement with Armistice Capital. The joint filing was signed by Steven Boyd on 05/16/2026.
Positive
None.
Negative
None.
Insights
Armistice reports a sub-5% passive stake with manager control.
Armistice Capital and Steven Boyd disclose 289,388 shares or 4.99% ownership, with shared voting and dispositive power exercised via the investment manager role. The Master Fund is the direct holder while the manager asserts voting/investment authority under an Investment Management Agreement.
Background governance implications include routine disclosure obligations for institutional holders near the 5% threshold; subsequent amendments would be required if ownership crosses reportable levels. Timing and cash-flow treatment are not detailed in the excerpt.
Filing follows Schedule 13G/A format for passive/managed ownership reporting.
The joint Schedule 13G/A lists Armistice Capital and Steven Boyd as reporting persons and includes a joint filing statement under Rule 13d-1(k). It records shared voting/dispositive power of 289,388 shares and the Master Fund's role as direct holder.
Compliance focus: confirm continued accuracy of the Investment Management Agreement disclosure and file amendments if beneficial ownership or voting power changes beyond the thresholds specified in the filing rules.
Key Figures
Shares beneficially owned:289,388 sharesPercent of class:4.99%CUSIP:95758L305+4 more
7 metrics
Shares beneficially owned289,388 sharesAmount reported in Item 4 of Schedule 13G/A
Percent of class4.99%Percent of common stock reported in Item 4
CUSIP95758L305Class identifier for Cycurion common stock listed on the cover
Reporting personsArmistice Capital, LLC; Steven BoydNames listed in Item 2(a)
Direct holderArmistice Capital Master Fund Ltd.Identified as the direct holder in Item 4 explanatory paragraph
Signature date05/16/2026Date signing the joint filing statement
Joint filing statement date05/15/2026Exhibit joint filing statement date shown in the filing
"Master Fund disclaims beneficial ownership ... as a result of its Investment Management Agreement"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 289,388.00"
Schedule 13G/Aregulatory
"form_type: SCHEDULE 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Joint Filing Statementregulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Cycurion, Inc.
(Name of Issuer)
Common stock, par value $0.0001 per share
(Title of Class of Securities)
95758L305
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
95758L305
1
Names of Reporting Persons
Armistice Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
289,388.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
289,388.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
289,388.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.99 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
95758L305
1
Names of Reporting Persons
Steven Boyd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
289,388.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
289,388.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
289,388.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Cycurion, Inc.
(b)
Address of issuer's principal executive offices:
1640 Boro Place, Suite 420C McLean, Virginia 22102
Item 2.
(a)
Name of person filing:
Armistice Capital, LLC
Steven Boyd
Collectively, the "Reporting Persons"
(b)
Address or principal business office or, if none, residence:
Armistice Capital, LLC
510 Madison Avenue, 7th Floor
New York, New York 10022
United States of America
Steven Boyd
c/o Armistice Capital, LLC
510 Madison Avenue, 7th Floor
New York, New York 10022
United States of America
(c)
Citizenship:
Armistice Capital, LLC - Delaware; Steven Boyd - United States of America
(d)
Title of class of securities:
Common stock, par value $0.0001 per share
(e)
CUSIP No.:
95758L305
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
289,388
(b)
Percent of class:
4.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
289,388
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
289,388
Armistice Capital, LLC ("Armistice Capital") is the investment manager of Armistice Capital Master Fund
Ltd. (the "Master Fund"), the direct holder of the Shares, and pursuant to an Investment Management
Agreement, Armistice Capital exercises voting and investment power over the securities of the Issuer
held by the Master Fund and thus may be deemed to beneficially own the securities of the Issuer held
by the Master Fund. Mr. Boyd, as the managing member of Armistice Capital, may be deemed to
beneficially own the securities of the Issuer held by the Master Fund. The Master Fund specifically
disclaims beneficial ownership of the securities of the Issuer directly held by it by virtue of its inability to
vote or dispose of such securities as a result of its Investment Management Agreement with Armistice
Capital.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Master Fund, a Cayman Islands exempted company that is an investment advisory client of Armistice Capital, has the right to receive dividends from, or the proceeds from the sale of, the reported securities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Armistice Capital, LLC
Signature:
/s/ Steven Boyd
Name/Title:
Steven Boyd - Managing Member
Date:
05/16/2026
Steven Boyd
Signature:
/s/ Steven Boyd
Name/Title:
Steven Boyd
Date:
05/16/2026
Exhibit Information
JOINT FILING STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
Dated: May 15, 2026
Armistice Capital, LLC
By: /s/ Steven Boyd
Steven Boyd - Managing Member
Steven Boyd
By: /s/ Steven Boyd
What stake does Armistice Capital hold in Cycurion (CYCU)?
Armistice Capital reports beneficial ownership of 289,388 shares, equal to 4.99% of Cycurion's common stock. The filing shows shared voting and dispositive power exercised by Armistice Capital as investment manager to the Master Fund, which is the direct holder.
Who is the direct holder of the shares reported by Armistice Capital for CYCU?
The direct holder is Armistice Capital Master Fund Ltd., a Cayman Islands exempted company. Armistice Capital is the investment manager and reports voting and investment authority under an Investment Management Agreement.
Does Steven Boyd personally own the CYCU shares reported?
Steven Boyd is listed as a reporting person and managing member of Armistice Capital with shared voting/dispositive power over 289,388 shares. The filing attributes ownership via his role with Armistice Capital rather than as direct personal ownership.
When was the Schedule 13G/A for CYCU signed?
The joint filing was signed by Steven Boyd on 05/16/2026. The joint filing statement is dated 05/15/2026 in the exhibit information of the submission.
