Western Acquisition Ventures Corp. Files 8-K
Ticker: CYCUW · Form: 8-K · Filed: Jul 2, 2024 · CIK: 1868419
Sentiment: neutral
Topics: corporate-action, filing, financials
Related Tickers: WAVS
TL;DR
WAVS filed an 8-K on 7/2/24 covering corporate changes and financial docs.
AI Summary
On July 2, 2024, Western Acquisition Ventures Corp. filed an 8-K report detailing amendments to its articles of incorporation or bylaws, submission of matters to a vote of security holders, and financial statements and exhibits. The filing also includes information about the company's common stock and redeemable warrants.
Why It Matters
This 8-K filing indicates significant corporate actions and disclosures by Western Acquisition Ventures Corp., which could impact investors' understanding of the company's structure and governance.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report detailing corporate actions and disclosures, not indicating immediate financial distress or significant new risks.
Key Numbers
- 001-41214 — SEC File Number (Identifies the company's filing history with the SEC.)
- 86-3720717 — IRS Number (Company's Employer Identification Number.)
Key Players & Entities
- Western Acquisition Ventures Corp. (company) — Registrant
- 0001104659-24-077413 (filing_id) — Accession Number
- July 2, 2024 (date) — Report Date
- Delaware (jurisdiction) — State of Incorporation
- 42 Broadway, 12th Floor, New York, NY 10004 (address) — Business Address
FAQ
What specific amendments were made to the articles of incorporation or bylaws?
The filing indicates amendments were made but does not specify the exact nature of these amendments in the provided text.
What matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote, but the specific proposals are not detailed in this excerpt.
What are the details of the financial statements and exhibits filed?
The filing confirms the submission of financial statements and exhibits, but their content is not described here.
What is the exercise price for the redeemable warrants?
The redeemable warrants are exercisable at an exercise price of $11.50 per share.
What is the primary business of Western Acquisition Ventures Corp. according to the SIC code?
The Standard Industrial Classification (SIC) code indicates the company is in 'SERVICES-COMPUTER PROGRAMMING SERVICES [7371]'.
Filing Stats: 813 words · 3 min read · ~3 pages · Grade level 13.3 · Accepted 2024-07-02 17:15:14
Key Financial Figures
- $0.001 — ck Market LLC Common stock, par value $0.001 per share WAVS The NASDAQ Stock Mar
- $11.50 — of common stock at an exercise price of $11.50 per share WAVSW The NASDAQ Stock Ma
- $100 — te by depositing into the Trust Account $100. FOR AGAINST ABSTAIN NON-VOTES
Filing Documents
- tm2418660d1_8k.htm (8-K) — 38KB
- tm2418660d1_ex3-1.htm (EX-3.1) — 6KB
- tm2418660d1_ex10-1.htm (EX-10.1) — 18KB
- 0001104659-24-077413.txt ( ) — 296KB
- wavs-20240702.xsd (EX-101.SCH) — 4KB
- wavs-20240702_def.xml (EX-101.DEF) — 27KB
- wavs-20240702_lab.xml (EX-101.LAB) — 37KB
- wavs-20240702_pre.xml (EX-101.PRE) — 26KB
- tm2418660d1_8k_htm.xml (XML) — 7KB
03 Amendments to Articles of Incorporation or Bylaws; Change
ITEM 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. After the approval by its stockholders of the Fifth Amendment (the " Charter Amendment ") to the Second Amended and Restated Certificate of Incorporation of Western Acquisition Ventures Corp. (" Western ") on July 2, 2024, Western filed on the Charter Amendment with the Delaware Secretary of State on July 2, 2024. The Charter Amendment extends the date by which the Company has to consummate a business combination from July 11, 2024 to October 11, 2024.
07 Submission of Matters to a Vote
ITEM 5.07 Submission of Matters to a Vote of Security Holders On July 2, 2024, Western held a virtual special meeting of stockholders (the " Special Meeting ") to vote on the proposals identified in the Proxy Statement for the Special Meeting. There were a total of 3,525,267 shares of the Company's common stock eligible to vote at the Special Meeting. A total of 3,382,350 shares of the Company's common stock were represented at the Special Meeting either in person or by proxy. At the Special Meeting, the Company's stockholders voted on the following matters and cast their votes as described below. Proposal 1 - A proposal to amend the Company's Certificate of Incorporation, to extend the date by which the Company has to consummate a business combination, such extension for an additional three (3)-month period, from July 11, 2024 through and including October 11, 2024 (such date actually extended being referred to as the " Extended Termination Date "). FOR AGAINST ABSTAIN NON-VOTES 3,380,819 1,531 0 0 Proposal 2 - A proposal to amend the Company's investment management trust agreement, dated as of January 11, 2022, as amended, by and between the Company and American Stock Transfer & Trust Company, LLC allowing the Company to extend the Extended Termination Date by depositing into the Trust Account $100. FOR AGAINST ABSTAIN NON-VOTES 3,380,819 1,531 0 0 Proposal 3 - A proposal to direct the chairman of the Special Meeting to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve the foregoing proposals. FOR AGAINST ABSTAIN NON-VOTES 3,380,819 1,531 0 0
01. Financial Statements and Exhibits
ITEM 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Fifth Amendment to Second Amended and Restated Certificate of Incorporation, dated July 2, 2024 10.1 Form of Amendment to the Investment Management Trust Agreement 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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: July 2, 2024 By: /s/ James P McCormick James P. McCormick, President and CEO