SEC Form 8-K Summary
Business Context and Reporting Period
The filing is a Form 8-K submitted by Western Acquisition Ventures Corp., not Cycurion, Inc. The report covers an event occurring January 18, 2024, and was filed January 29, 2024. The company was a Nasdaq-listed special purpose acquisition company with securities trading under WAVSU, WAVS, and WAVSW.
Material Corporate Event
- The board appointed Ryan Selewicz as a director, effective immediately.
- Mr. Selewicz was also appointed to the Audit Committee.
- The board determined that he qualifies as an independent director under SEC and Nasdaq rules.
- The filing states that no arrangement or understanding existed regarding his appointment.
- The filing reports no related-party transaction involving Mr. Selewicz requiring disclosure under Item 404(a) of Regulation S-K.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, valuation, or other financial performance metrics.
Guidance, Outlook, Risks, and Unusual Items
The filing does not provide financial guidance, operating outlook, risk updates, contingencies, or unusual accounting items. Mr. Selewicz’s disclosed background includes leadership of e-commerce, technology transformation, enterprise systems, and post-merger technology integration at Greenlane Holdings, Inc. and KushCo Holdings, Inc.
Important Facts to Verify
- Confirm whether this filing is relevant to Cycurion, Inc., since the registrant identified in the filing is Western Acquisition Ventures Corp.
- Verify the effective appointment date of January 18, 2024, and the filing date of January 29, 2024.
- Confirm Mr. Selewicz’s independence and Audit Committee membership under applicable Nasdaq requirements.
- Review subsequent filings for changes to the board, committee assignments, or the company’s corporate identity and business combination status.