Cycurion, iQSTEL sign $1,000,000 stock swap deal
Cycurion, Inc. entered into a material stock-for-stock exchange agreement with iQSTEL Inc. on September 2, 2025.
Rhea-AI Filing Summary
Cycurion, Inc. entered into a material stock-for-stock exchange agreement with iQSTEL Inc. on September 2, 2025. Under this agreement, each company will issue $1,000,000 worth of its common stock to the other, with the number of shares determined by dividing $1,000,000 by the issuing company’s per-share stock price at the time of issuance.
Both Cycurion and iQSTEL plan to distribute up to 50% of the shares received as stock dividends to their own shareholders, so Cycurion shareholders would receive iQSTEL shares and iQSTEL shareholders would receive Cycurion shares. Cycurion also reported that it issued press releases about presenting a corporate overview at the H.C. Wainwright 27th Annual Global Investment Conference and about the execution of this exchange agreement.
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Insights
Cycurion and iQSTEL agree to mutual $1,000,000 stock swap with planned shareholder distributions.
The agreement has Cycurion and iQSTEL each issuing $1,000,000 of their common stock to the other party, using the prevailing per-share price to calculate share counts. This is a non-cash transaction that increases each company’s equity exposure to the other and may broaden awareness of each stock across the two investor bases.
Both companies state that they plan to distribute up to 50% of the received shares as stock dividends to their own shareholders. That means Cycurion shareholders could receive iQSTEL shares, and iQSTEL shareholders could receive Cycurion shares, potentially increasing retail float and cross-ownership. The filing does not quantify the resulting share counts, so actual impact will depend on market prices when the issuances occur.
8-K Event Classification
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.