Cycurion, Inc. reports developments in AI-driven cybersecurity, information technology security services, and government technology solutions. The company provides advisory consulting, managed security services, SaaS cybersecurity tools, systems engineering, information assurance, risk management, and help desk support through subsidiaries including Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc.
Recurring news themes include contract awards with government and enterprise customers, municipal and agency services under MSA and IDIQ arrangements, updates on the ARx platform and Cyber Shield managed security platform, backlog and recurring-revenue commentary, shareholder communications, capital-structure and operational initiatives, and litigation or market-integrity actions involving the company's public securities.
Cycurion (Nasdaq: CYCU) entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of warrants to purchase up to 3,341,439 common shares at $1.35 per share, expected to generate approximately $4.5 million in gross proceeds before fees and expenses.
According to Cycurion, net proceeds will be used for working capital and general corporate purposes. In exchange, the investor will receive in a private placement new unregistered warrants to purchase up to 5,012,159 shares at an exercise price of $1.65 per share, exercisable after shareholder approval and expiring five years from that approval date. Closing is expected on or about August 3, 2026, subject to customary conditions. The company agreed to file a registration statement for resale of shares issuable upon exercise of the new warrants.
Summary not available.
Cycurion (NASDAQ: CYCU) has requested and obtained a scheduled hearing before the Nasdaq Hearings Panel in August 2026 to appeal a July 10, 2026 delisting determination tied to the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(1). The hearing request stays any suspension or delisting action, so CYCU shares are expected to continue trading on The Nasdaq Capital Market at least through the hearing and any extension period. According to Cycurion, it plans to present a compliance plan at the hearing and continues to advance its core business operations.
Cycurion (NASDAQ: CYCU) reported receiving a Nasdaq delisting determination letter dated July 10, 2026, after its common stock traded below the $1.00 minimum bid price for 31 consecutive business days from May 26 through July 9, 2026, violating Listing Rule 5550(a)(1). Because Cycurion completed a 1-for-30 reverse stock split on October 27, 2025, Nasdaq determined the company is not eligible for the standard 180-day compliance period and, absent a timely appeal, trading is expected to be suspended on July 21, 2026.
Cycurion plans to request a hearing before the Nasdaq Hearings Panel by July 17, 2026, which will stay any suspension and Form 25-NSE filing while the appeal is pending, and its shares will continue trading during this period. The company notes there is no assurance of a favorable outcome or future compliance. According to Cycurion, its operations and strategy are unaffected, it continues to generate revenue growth, and currently has an annual revenue run rate exceeding $28 million, supported by contracted backlog and multi-year customer agreements.
Cycurion (NASDAQ: CYCU) released a shareholder-focused video interview with Chairman and CEO Kevin Kelly outlining operational growth, acquisition strategy, and capital markets actions. Management indicated the company expects to end the year with an annualized revenue run-rate above $30 million, versus approximately $15 million the prior year, driven by acquisitions, backlog expansion, and new contract wins.
Cycurion highlighted progress in reducing liabilities, integrating recent acquisitions such as Digital Ally, and shifting its mix toward higher-margin cybersecurity products that support recurring revenue. Management said future M&A will target EBITDA-accretive businesses aligned with core cybersecurity lines. The company also confirmed it will not proceed with a contemplated reverse stock split and is pursuing actions related to suspected market manipulation and trading irregularities in its shares, while emphasizing long-term shareholder value and scalable growth.
Cycurion (NASDAQ:CYCU) issued a shareholder letter explaining its decision not to proceed with a planned 7-for-1 reverse stock split, prioritizing fundamentals-driven listing compliance over short-term price changes.
According to Cycurion, recent actions include acquiring Digital Ally (about $5.1M revenue) and Secuvant (about $2.5M), growing organic revenue to roughly $15.5M, lifting annual revenue run rate to about $28M, securing a 10-year, $58M contract, and building about $8M in contracted backlog.
The company outlines a forensic review of CYCU trading, describes patterns it views as inconsistent with fair and orderly markets, and states it is working with NASDAQ and considering further actions while continuing to focus on business growth.
Cycurion (NASDAQ: CYCU) agreed to acquire substantially all assets of Kustom Entertainment’s legacy video-solutions business, including Digital Ally-branded in-car and body-worn video systems and evidence management platforms. Closing is targeted for early July 2026, subject to extensive due diligence, approvals, documentation, and other closing conditions.
Expected consideration totals $1.25 million cash, a $4.25 million 7% secured promissory note, up to $1.0 million earnout, and warrants for up to 2,000,000 CYCU shares at $2.80. Cycurion would gain access to about 1,000 new clients, roughly 58 patents, approximately $5.1 million annual revenue, and about $8.0 million contracted backlog.
Summary not available.
Cycurion (NASDAQ: CYCU) completed its acquisition of Secuvant and its Panoptic cybersecurity platform via a reverse merger on June 2, 2026. Total consideration is about $2.875 million, including $875,000 cash and 888,888 preferred shares, plus a three-year earn-out.
The deal adds a SaaS-like, recurring-revenue Panoptic platform, expands threat visibility and prioritization capabilities, and is structured with performance-based earn-outs tied to gross profit from specific revenue streams.
Cycurion (NASDAQ: CYCU) announced a Chief Financial Officer transition. Ana Garcia becomes CFO effective June 1, 2026, succeeding Alvin McCoy III, who steps down May 31, 2026 and moves into a strategic advisory role supporting the company’s growth and M&A initiatives.