Western Acquisition Ventures Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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| Item 1.01. | Entry into a Material Definitive Agreement. |
On September 24, 2024, Western Acquisition Ventures Corp. (the “Company”) entered into (i) a promissory note with Western Acquisition Ventures Sponsor LLC (the “Sponsor”) for $255,555.56, pursuant to which the Company can borrow up to an aggregate principal amount of $230,000.00 from the Sponsor for certain transaction expenses related to the Company’s business combination (“Business Combination”) with Cycurion Inc. (“Cycurion”) (the “Sponsor Promissory Note”); and (ii) a promissory note with Cycurion for $210,555.56, pursuant to which Cycurion can borrow up to an aggregate principal amount of $180,000.00 from the Company for certain transaction expenses in connection with Cycurion’s consummation of the Business Combination (the “Cycurion Promissory Note”). The foregoing summaries of the Sponsor Promissory Note and the Cycurion Promissory Note do not purport to be complete and are qualified in their entirety by the Sponsor Promissory Note and the Cycurion Promissory Note filed by the Company as Exhibit 10.1 and Exhibit 10.2, respectively, to this Current Report on Form 8-K.
| ITEM 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | |
| 10.1 | Sponsor Promissory Note, dated September 24, 2024 | |
| 10.2 | Cycurion Promissory Note, dated September 24, 2024 | |
| 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.
| WESTERN ACQUISITION VENTURES CORP. | ||
| Date: September 25, 2024 | By: | /s/ James P McCormick |
| James P. McCormick, President and CEO | ||