WESTERN ACQUISITION VENTURES CORP.Western Acquisition Ventures Corp. • March 31st, 2023 • Services-computer programming services
Reference is made to that certain Underwriting Agreement dated January 11, 2022 (the “Fee Agreement”) between Western Acquisition Ventures Corp. (the “Company”), and A.G.P./Alliance Global Partners, as representative of the underwriters named therein (“AGP”), and that certain Business Combination Marketing Agreement, dated January 11, 2022, between the Company, and AGP pursuant to which, the Company acknowledges aggregate indebtedness to AGP of deferred fees totaling $5,175,000 (the “Fees”), due upon the Company completing its initial business combination (the “Business Combination”) with Cycurion, Inc. (“Cycurion”), and in connection with the evaluation of other potential business combinations. Within fifteen (15) days of closing of the Business Combination, the Company, and Cycurion shall cause the post-business combination company (the “Combined Company”), to issue to AGP, 250,000 shares (the “Shares”) of common stock of the Combined Company (the “Common Stock”) in full satisfaction
