Cycurion raises $4.5M via warrant inducement transaction

Cycurion, Inc. (Nasdaq: CYCU), a McLean, Virginia-based cybersecurity company, announced a warrant inducement agreement with an existing institutional investor involving the exercise of warrants to purchase up to 3,341,439 shares of common stock at $1.35 per share, generating approximately $4.5 million in gross proceeds before fees and expenses.

The company said it plans to use the net proceeds for working capital and general corporate purposes. The transaction is expected to close on or about August 3, 2026, subject to customary closing conditions.

As part of the agreement, the investor will receive new unregistered warrants in a private placement to purchase up to 5,012,159 shares of common stock, representing 150% of the shares underlying the exercised warrants. The new warrants carry an exercise price of $1.65 per share, will become exercisable upon shareholder approval, and will expire five years from the date that approval is obtained.

The new warrants and the underlying shares are being issued under an exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933 and Regulation D. Cycurion said it has agreed to file a registration statement with the U.S. Securities and Exchange Commission covering the resale of shares issuable upon exercise of the new warrants.

A.G.P./Alliance Global Partners is serving as the exclusive financial advisor for the transaction.

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