Cycurion closes acquisition of Secuvant for $2.88 million
Western Acquisition Ventures’ Cycurion closed its purchase of Secuvant on June 2, adding the Panoptic cybersecurity platform.Total consideration about USD 2.88 million, including USD 875,000 cash and 888,888 shares of preferred stock valued at about USD 2 million.Secuvant holders also eligible for earn-outs from 2026-2028, including USD 100,000 annual guaranteed payments and additional gross-profit-based amounts.Performance-based earn-outs to be paid 50% in cash, 50% in Cycurion common stock.
