Cycurion announced the effective date of a one-for-thirty reverse stock split and plans to appeal Nasdaq delisting.
Quiver AI Summary
Cycurion, Inc., a cybersecurity solutions provider, announced that it executed a one-for-thirty reverse stock split, effective October 27, 2025. This means that every thirty shares held by shareholders were combined into one share, reducing the total outstanding shares from approximately 86.5 million to about 2.9 million. The shares began trading on a split-adjusted basis on the Nasdaq under the symbol "CYCU". Shareholders with fractional shares will receive cash payments rather than fractional shares. The company aims to use this restructuring to attract institutional investment and strengthen its balance sheet in anticipation of growth in 2026. Additionally, Cycurion is appealing a Nasdaq decision related to its listing status, with a hearing set for November 20, 2025.
Potential Positives
- The reverse stock split may enhance the perception of the company's share value, potentially attracting more institutional investors.
- The reduction in the number of outstanding shares may improve liquidity and make the stock more appealing to a broader range of investors.
- The company's proactive approach in appealing the Nasdaq delisting decision shows commitment to maintaining its market presence and addressing regulatory concerns.
- The company indicates a focus on strengthening its balance sheet, which may position it for growth in 2026.
Potential Negatives
- The company is undergoing a one-for-thirty reverse stock split, which is often seen as a negative sign indicating that the stock price is too low to meet minimum exchange requirements.
- Cycurion is facing potential delisting from the Nasdaq Stock Market, as indicated by their appeal to the Nasdaq Hearings Panel, which reflects poorly on the company's financial stability.
- The company's announcement of a reverse stock split and the appeal for a hearing may signal to investors a lack of confidence in maintaining its market position, potentially leading to reduced investor trust and lower market valuation.
FAQ
What is the reverse stock split announced by Cycurion?
Cycurion has executed a one-for-thirty reverse stock split, reducing outstanding shares from approximately 86.5 million to 2.9 million shares.
When did the reverse stock split take effect?
The reverse stock split took effect on October 27, 2025, at the commencement of business.
How will the reverse stock split affect stockholders?
Stockholders will combine every thirty shares into one share, and those with fractional shares will receive cash payments.
What benefits does Cycurion expect from the reverse stock split?
Cycurion believes the reverse stock split will attract institutional investment and strengthen its balance sheet for growth in 2026.
What is the upcoming hearing for Cycurion with Nasdaq?
Cycurion has requested a hearing with the Nasdaq Hearings Panel, scheduled for November 20, 2025, regarding its potential delisting.
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.
Full Release
MCLEAN, Va., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading cybersecurity solutions provider, announced today that the previously announced one-for-thirty reverse stock split of the Company’s shares of common stock, par value $0.0001 per share (the “Reverse Stock Split”) took effect with the commencement of business on October 27, 2025.
The Company effected the Reverse Stock Split by filing the Second Amendment to the Second Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware. The Company’s shares of common stock began trading on a split-adjusted basis on The Nasdaq Global Market, when the market opened today, October 27, 2025, under the existing trading symbol “CYCU” and new CUSIP number 95758L305.
As a result of the Reverse Stock Split, every thirty of the Company’s issued shares of common stock will be combined into one issued share of common stock, without any change to the par value per share and without any change in the total number of authorized common shares. The number of outstanding shares of common stock was reduced from approximately 86,533,435 shares to approximately 2,884,447 shares.
No fractional shares were issued in connection with the Reverse Stock Split. Stockholders who otherwise held a fraction of a share of common stock of the Company will receive a cash payment (without interest and subject to withholding taxes, as applicable) in lieu thereof at a price equal to that fraction of a share to which the stockholder would otherwise be entitled, multiplied by the closing price of the Company’s shares on The Nasdaq Global Market on the trading day immediately preceding the effective date of the Reverse Stock Split.
The Company believes that the Reverse Stock Split will help position it for institutional investment and to help continue strengthening its balance sheet, which may position the Company for a strong 2026.
Nasdaq Hearing
On October 20, 2025, the Company submitted a request to the Nasdaq Hearings Panel (the “Panel”) to appeal the determination of the Nasdaq Listing Qualification Staff to delist the Company’s securities from The Nasdaq Stock Market LLC. The Company received written notice from Nasdaq that the hearing with the Panel is scheduled for November 20, 2025.
About Cycurion, Inc.
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.
More info: www.cycurion.com
Forward-Looking Statements
This press release contains statements that are forward-looking statements as defined within 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. 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 U.S. Securities and Exchange Commission. 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]