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Western Acquisition Ventures Corp. Completes Business Combination

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Western Acquisition Ventures Corp. Completes Business Combination

The latest announcement is out from Western Acquisition Ventures Corp. ( (WAVS) ).

On January 11, 2022, Western Acquisition Ventures Corp. completed a business combination, resulting in its common stock and warrants being traded on The Nasdaq Global Market under the symbols ‘CYCU’ and ‘CYCUW’, respectively, thus ceasing its status as a shell company. Concurrently, Western issued 376,000 shares of Common Stock and PIPE Warrants in an unregistered sale for $3,760,000, with the warrants exercisable until February 14, 2030, at an exercise price of $11.50 per share. Furthermore, there were significant changes in the company’s management structure, including the appointment of new directors and the continuation of L. Kevin Kelly and Alvin McCoy, III, as CEO and CFO, respectively.

More about Western Acquisition Ventures Corp.

YTD Price Performance: 68.70%

Average Trading Volume: 4,354

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $61.65M

Learn more about WAVS stock on TipRanks’ Stock Analysis page.

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