Cycurion adjourned its special stockholder meeting to March 19, 2026, for additional voting time on warrant share issuance.
Quiver AI Summary
Cycurion, Inc. has postponed its special meeting of stockholders originally set for February 26, 2026, to March 19, 2026, at 12:00 p.m. Eastern Time due to insufficient votes for a quorum. The meeting will address the approval of issuing up to 3,314,920 shares of common stock related to warrants from a private placement that occurred on December 5, 2025. The record date remains January 21, 2026, and proxies already submitted will still be valid for the adjourned meeting. Stockholders are encouraged to vote, and voting instructions are available in the proxy statement filed with the SEC. Cycurion is a leader in IT cybersecurity solutions, aiming to enhance client security through its advanced AI capabilities and services.
Potential Positives
- Cycurion has adjourned its special meeting of stockholders to allow more time for stockholders to cast their votes, demonstrating a commitment to engaging with its investors.
- The adjourned meeting provides an opportunity for stockholders to approve the issuance of up to 3,314,920 shares, which could support the company's financial strategy and growth initiatives.
- The company's proactive communication regarding the meeting and voting procedures helps ensure transparency and reinforces investor confidence.
Potential Negatives
- The adjournment of the Special Meeting indicates a lack of sufficient support from stockholders, raising concerns about investor confidence.
- The need to provide additional time for stockholders to cast their votes suggests potential issues with engagement or communication from the company.
- The proposal to issue 3,314,920 shares, which may exceed 20% of outstanding shares, could dilute existing shareholders' equity, raising alarm about shareholder value.
FAQ
What is the new date for Cycurion's adjourned Special Meeting?
The adjourned Special Meeting will take place on March 19, 2026, at 12:00 p.m. Eastern Time.
Why was the Special Meeting adjourned?
The meeting was adjourned due to insufficient votes to meet the quorum requirements.
What is the purpose of the Special Meeting?
The purpose is to approve the issuance of up to 3,314,920 shares of common stock related to a private placement.
What should stockholders do if they haven't voted yet?
Stockholders who haven't voted are encouraged to cast their votes now using the instructions in the definitive proxy statement.
Who can stockholders contact for voting assistance?
Stockholders can contact Cycurion’s proxy solicitor, D.F. King & Co., Inc., for assistance with voting.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CYCU Revenue
$CYCU had revenues of $3.8M in Q3 2025. This is a decrease of -13.87% from the same period in the prior year.
You can track CYCU financials on Quiver Quantitative's CYCU stock page.
$CYCU Hedge Fund Activity
We have seen 6 institutional investors add shares of $CYCU stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANE STREET GROUP, LLC removed 336,871 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $929,763
- GOLDMAN SACHS GROUP INC removed 33,729 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $93,092
- VANGUARD GROUP INC added 16,077 shares (+119.5%) to their portfolio in Q4 2025, for an estimated $44,372
- UBS GROUP AG removed 15,302 shares (-73.8%) from their portfolio in Q4 2025, for an estimated $42,233
- SCIENTECH RESEARCH LLC removed 11,353 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $31,334
- GEODE CAPITAL MANAGEMENT, LLC added 11,081 shares (+121.3%) to their portfolio in Q4 2025, for an estimated $30,583
- OSAIC HOLDINGS, INC. added 5,040 shares (+inf%) to their portfolio in Q4 2025, for an estimated $13,910
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MCLEAN, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions, today adjourned its special meeting of stockholders (the “Special Meeting”) until Thursday, March 19, 2026 at 12:00 p.m. Eastern Time in order to provide Cycurion stockholders with additional time to cast their votes. The Special Meeting was originally scheduled for today; however, the number of votes cast was less than the number of shares required to constitute a quorum for the Special Meeting.
The purpose of the Special Meeting is for Cycurion stockholders to approve, pursuant to Nasdaq Listing Rule 5635(d), the issuance of up to an aggregate of 3,314,920 shares of the Company’s common stock upon the exercise of certain common stock purchase warrants issued in connection with our private placement that closed on December 5, 2025, that may be equal to or exceed 20% of our outstanding shares of common stock immediately prior to such offering. The proposals to be voted on by the Cycurion stockholders at the adjourned Special Meeting are more fully described in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 2, 2026.
The record date for the Special Meeting remains January 21, 2026 and will apply to the reconvened Special Meeting on March 19, 2026. Proxies previously submitted in respect of the Special Meeting will be voted at the reconvened Special Meeting unless properly revoked. Stockholders who have previously submitted their proxy or otherwise voted need not take any action. For stockholders who have not yet cast their votes, Cycurion encourages them to vote their shares now. Instructions for how to vote by proxy at the meeting, even if a stockholder is unable to attend the meeting, are included in the definitive proxy statement. For more information on how to vote, please contact Cycurion’s proxy solicitor, D.F. King & Co., Inc.
About Cycurion
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. For more information, visit www.cycurion.com.
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding the anticipated closing of the offering; the Company’s anticipated use of proceeds from the offering; the acceleration of the Company’s inorganic growth strategy; the continued execution on the Company’s backlog; and other statements that are not historical facts, including statements which may be accompanied by words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to, the outcomes of the Company’s investigations, any potential legal proceedings, or the future performance of the Company’s stock. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the SEC. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any subsequent date.
Cycurion Investor Relations:
(888) 341-6680
[email protected]
Cycurion Media Relations:
(888) 341-6680
[email protected]