Cycurion, Inc. Form 8-K Summary
Business Context and Reporting Period
Cycurion, Inc. (CYCU), an emerging growth company incorporated in Delaware, filed this Current Report on Form 8-K on April 9, 2025, covering events occurring on April 8, 2025. The company is headquartered in McLean, Virginia, and its common stock and redeemable warrants trade on The NASDAQ Stock Market LLC.
Key Financial Metrics
This filing does not contain audited financial statements, revenue figures, profit data, cash flow, margins, debt levels, or liquidity metrics. The document focuses exclusively on a specific corporate event rather than periodic financial performance.
Material Changes and Events
On April 8, 2025, Cycurion announced an expanded partnership with Journal Technologies. The companies were awarded a multi-year contract valued at $22 million to deliver a state-of-the-art criminal justice case management system to a State Police agency.
Guidance, Outlook, and Risks
The filing does not provide updated financial guidance, management commentary on future outlook, or specific risk factors related to the contract. The press release associated with this event is furnished as Exhibit 99.1 and is not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other filings.
Investor Verification Checklist
- Verify the specific terms and duration of the $22 million contract with Journal Technologies via the press release in Exhibit 99.1.
- Confirm the identity of the State Police agency and the expected revenue recognition timeline for the contract.
- Review subsequent filings for any impact of this contract on the company's backlog or revenue guidance.
- Check the status of the redeemable warrants (CYCUW) and their exercise price of $11.50 per share.