{"filing":{"accession_number":"0001868419-26-000041","cik":"0001868419","ticker":"CYCUW","company_name":"Cycurion, Inc.","form":"8-K","filing_date":"2026-06-04","report_date":null,"primary_document":"cycu-20260529.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1868419/000186841926000041/cycu-20260529.htm"},"events":[{"id":7029,"run_id":6165,"accession_number":"0001868419-26-000041","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"On June 1, 2026, Cycurion entered into a series of material definitive agreements restructuring approximately $2.9 million in outstanding indebtedness through exchange and conversion into new convertible promissory notes and Series H Convertible Preferred Stock, eliminating existing defaults and materially affecting the company's capital structure.","company_name":"Cycurion, Inc.","ticker":"CYCUW","filing_date":"2026-06-04","form":"8-K","submitted_at":null,"items":[{"id":4585,"accession_number":"0001868419-26-000041","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The filing discloses entry into a series of material definitive agreements on June 1, 2026, involving the restructuring of approximately $2.9 million in outstanding indebtedness through exchange and conversion into new convertible promissory notes and Series H Convertible Preferred Stock. While technically a debt restructuring rather than a traditional M\u0026A transaction, the comprehensive nature of the restructuring—involving multiple counterparties, elimination of defaults, and issuance of convertible securities—constitutes a material transaction affecting the company's capital structure and financial obligations. The Item 1.01 classification and the language describing \"comprehensive restructuring\" and \"consolidation of obligations\" support classification as ma_activity, though this could alternatively be viewed as a dilutive_issuance given the equity component.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:45:21.183475+00:00","company_name":"","ticker":null,"filing_date":""},{"id":4586,"accession_number":"0001868419-26-000041","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses unregistered issuances of convertible promissory notes, Series H Convertible Preferred Stock to M2B and Obsidian, and common shares issuable upon conversion, relying on Section 4(a)(2), Regulation D, and Section 3(a)(9) exemptions. This is a classic dilutive equity issuance under Item 3.02, material to investors assessing ownership dilution and capital structure changes.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:45:21.183475+00:00","company_name":"","ticker":null,"filing_date":""},{"id":4587,"accession_number":"0001868419-26-000041","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.75,"reasoning":"Cycurion authorized and designated 3,000 shares of Series H Convertible Preferred Stock with material terms including 12% annual dividend rights, conversion rights at a $1.45 floor price, liquidation preference, and protective provisions requiring majority holder approval for adverse amendments. While Item 5.03 covers charter amendments, this disclosure centers on the creation of a new preferred stock class with substantive economic and control rights that would materially affect investor interests, making it more significant than a routine bylaw amendment.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:45:21.183475+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":4585,"accession_number":"0001868419-26-000041","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The filing discloses entry into a series of material definitive agreements on June 1, 2026, involving the restructuring of approximately $2.9 million in outstanding indebtedness through exchange and conversion into new convertible promissory notes and Series H Convertible Preferred Stock. While technically a debt restructuring rather than a traditional M\u0026A transaction, the comprehensive nature of the restructuring—involving multiple counterparties, elimination of defaults, and issuance of convertible securities—constitutes a material transaction affecting the company's capital structure and financial obligations. The Item 1.01 classification and the language describing \"comprehensive restructuring\" and \"consolidation of obligations\" support classification as ma_activity, though this could alternatively be viewed as a dilutive_issuance given the equity component.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:45:21.183475+00:00","company_name":"Cycurion, Inc.","ticker":"CYCUW","filing_date":"2026-06-04"},{"id":4586,"accession_number":"0001868419-26-000041","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses unregistered issuances of convertible promissory notes, Series H Convertible Preferred Stock to M2B and Obsidian, and common shares issuable upon conversion, relying on Section 4(a)(2), Regulation D, and Section 3(a)(9) exemptions. This is a classic dilutive equity issuance under Item 3.02, material to investors assessing ownership dilution and capital structure changes.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:45:21.183475+00:00","company_name":"Cycurion, Inc.","ticker":"CYCUW","filing_date":"2026-06-04"},{"id":4587,"accession_number":"0001868419-26-000041","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.75,"reasoning":"Cycurion authorized and designated 3,000 shares of Series H Convertible Preferred Stock with material terms including 12% annual dividend rights, conversion rights at a $1.45 floor price, liquidation preference, and protective provisions requiring majority holder approval for adverse amendments. While Item 5.03 covers charter amendments, this disclosure centers on the creation of a new preferred stock class with substantive economic and control rights that would materially affect investor interests, making it more significant than a routine bylaw amendment.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:45:21.183475+00:00","company_name":"Cycurion, Inc.","ticker":"CYCUW","filing_date":"2026-06-04"}]}
