Cycurion (NASDAQ: CYCU) sets 1-for-8 reverse split for Aug. 28
Rhea-AI Filing Summary
Cycurion, Inc. (CYCU) approved and implemented a reverse stock split of its common stock at a 1-for-8 ratio. The reverse split becomes effective with the commencement of business on August 28, 2026, when CYCU shares begin trading on a split-adjusted basis on the Nasdaq Global Market under the same ticker.
Every eight issued and outstanding common shares will be combined into one share, keeping the $0.0001 par value and the total authorized share count unchanged. Issued and outstanding shares will decrease from approximately 25,840,335 to approximately 3,230,041. The move is intended to help maintain compliance with Nasdaq’s minimum bid price requirement. No fractional shares will be issued; instead, eligible holders receive a cash payment based on the prior trading day’s closing price, and all equity-based awards and convertible securities will be adjusted proportionately.
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8-K Event Classification
4 items: 3.03, 5.03, 7.01, 9.01
4 items
Item 3.03
Material Modification to Rights of Security Holders
Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Reverse stock split ratio: 1-for-8
Issued and outstanding common shares before reverse split: 25,840,335 shares
Issued and outstanding common shares after reverse split: 3,230,041 shares
+4 more
7 metrics
Reverse stock split ratio
1-for-8
Ratio at which issued and outstanding common shares are being combined
Issued and outstanding common shares before reverse split
25,840,335 shares
Common stock issued and outstanding prior to the 1-for-8 reverse stock split
Issued and outstanding common shares after reverse split
3,230,041 shares
Common stock issued and outstanding following the 1-for-8 reverse stock split
Reverse stock split effective date
August 28, 2026
Date reverse stock split becomes effective and split-adjusted trading begins
Common stock par value
$0.0001 per share
Par value of Cycurion common stock, unchanged by the reverse stock split
Redeemable warrant exercise price
$345.00 per share
Exercise price per share for redeemable warrants, each exercisable for one share of common stock
New common stock CUSIP
95758L404
CUSIP assigned to Cycurion common stock in connection with the reverse stock split
Key Terms
reverse stock split, minimum bid price requirement, fractional shares, equity-based awards, +2 more
6 terms
reverse stock split financial
"filed a fourth amendment ... to implement a reverse stock split of the Company’s issued"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
minimum bid price requirement financial
"intended to, among other things, assist the Company in maintaining compliance with the minimum bid price requirement"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
equity-based awards financial
"Proportionate adjustments will be made to all outstanding equity-based awards and securities, including warrants"
Equity-based awards are pay given to employees or directors in the form of company stock or rights to obtain stock, such as stock options or restricted stock units. Like giving people slices of a pie instead of extra cash, these awards align staff incentives with company performance but can increase the number of shares outstanding, potentially diluting existing owners and affecting per-share metrics that investors watch.
convertible securities financial
"equity-based awards and securities, including warrants, stock options, restricted stock awards, and convertible securities"
Convertible securities are bonds or preferred shares that can be exchanged for a company’s common stock at a predetermined price or under specified conditions. They matter because they combine the steadiness of a loan or fixed dividend with the potential upside of ownership; like a safety‑net that carries a one‑time ticket to become a shareholder, they affect expected returns and can dilute existing stock if converted.
Nasdaq Global Market financial
"trading on a split-adjusted basis on The Nasdaq Global Market at the market open"
The Nasdaq Global Market is a section of the stock exchange where larger, well-established companies are listed and publicly traded. It functions like a marketplace where investors can buy and sell shares of these companies, providing them with access to capital and opportunities for growth. Its role is important because it helps investors identify and invest in reputable companies with strong financial backgrounds.
FAQ
What reverse stock split did Cycurion, Inc. (CYCU) approve?
Cycurion approved a 1-for-8 reverse stock split of its common stock. Every eight issued and outstanding shares will be combined into one share, with no change to par value or the total number of authorized common shares.
When does the CYCU reverse stock split take effect and trading become split-adjusted?
The reverse stock split becomes effective with the commencement of business on August 28, 2026, and Cycurion’s common stock will begin trading on a split-adjusted basis on the Nasdaq Global Market at the market open that same day under the symbol CYCU.
Why is Cycurion (CYCU) conducting a reverse stock split?
Cycurion states the reverse stock split is intended, among other things, to assist in maintaining compliance with Nasdaq’s minimum bid price requirement for continued listing on The Nasdaq Global Market.
What happens to CYCU warrants, options, and other equity awards after the reverse split?
Cycurion will make proportionate adjustments to all outstanding equity-based awards and securities, including warrants, stock options, restricted stock awards, and convertible securities, adjusting both the number of shares issuable and applicable exercise or conversion prices.
What is the new CUSIP for Cycurion (CYCU) common stock after the reverse split?
Following the reverse stock split, Cycurion’s common stock will have a new CUSIP number 95758L404, while continuing to trade on The Nasdaq Global Market under the ticker symbol CYCU.
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