Seward & Kissel Represents Western Acquisition Ventures Corp. in Connection with its Merger with Cycurion, Inc.

February 21, 2025

On February 14, 2025, Western Acquisition Ventures Corp., a special purpose acquisition company (“Western”), completed a de-SPAC merger transaction with Cycurion, Inc. (“Private Cycurion”), a defense-focused cybersecurity company (the “Merger”).

As a result of the Merger, each ordinary share of Private Cycurion was cancelled and converted into a share of Western’s common stock, on the terms set forth in the Agreement and Plan of Merger, dated November 21, 2022, as amended on April 26, 2024, December 31, 2024 and February 13, 2025. The aggregate number of shares of common stock of Western delivered as consideration in the Merger was 15,000,000 shares. In connection with the Merger, Western changed its name and the combined company is named “Cycurion, Inc.” (“Cycurion”).

On February 18, 2025. Cycurion’s shares of common stock were listed on The Nasdaq Global Market under the symbol “CYCU” and warrants were listed on The Nasdaq Capital Market under the symbol “CYCUW”.

The Seward & Kissel deal team for this transaction was led by Keith Billotti, and he was assisted by Ted Horton, Holt Goddard and Michael Indelicat o.

Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation.

A press release issued by Cycurion regarding this transaction may be found here.

A.G.P./Alliance Global Partners served as the financial advisor to Western in this transaction.

About Cycurion

Headquartered in McLean, Virginia, Cycurion is addressing the growing risk of cyber-piracy with its unique solutions that protect sensitive data and prevent privacy breaches for clients, partners and organizations. With a deeply skilled staff of 80 technology veterans, many of whom have high-level security clearances, Cycurion has developed a multi-layered SaaS solution to protect digital assets while minimizing false positives and reducing threats to data breaches. Cycurion has served customers across federal, state and local government agencies as well as commercial partners. Key clients and partners have included the United States Department of Defense, the Defense Intelligence Agency, the Department of Homeland Security, the United States Navy, KPMG, Verizon, AT&T, General Dynamics and Northrop Grumman.

About Western

Prior to the business combination, Western was a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Seward & Kissel Represents Western Acquisition Ventures Corp. in Connection with its Merger with Cycurion, Inc.

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