UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
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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 | |