Financing ·
Cycurion, Inc. entered into multiple exchange and restructuring agreements with IQ Financial, Obsidian Associates, and…
CYCUCycurion, Inc.
Cycurion, Inc. entered into multiple exchange and restructuring agreements with IQ Financial, Obsidian Associates, and M2B Funding Corp to restructure its outstanding indebtedness through the issuance of new convertible promissory notes and Series H Convertible Preferred Stock. These transactions involved exchanging approximately $517,604 in obligations with IQ Financial, $1,326,748 in notes and $952,695 in preferred stock with M2B, and $1,083,003 in notes and $947,250 in preferred stock with Obsidian.