Cycurion, Inc. Announces Nasdaq Delisting Determination Letter

Core Points - Cycurion, Inc. received a Delisting Determination Letter from Nasdaq on October 14, 2025, indicating the commencement of proceedings to delist its common stock due to non-compliance with the minimum bid price requirement [1][3] - The company was notified on April 9, 2025, that its stock price had been below the required minimum of $1.00 per share for 30 consecutive business days, with a compliance deadline of October 6, 2025 [2] - As of the deadline, Cycurion had not regained compliance, leading to the potential delisting of its shares scheduled for October 23, 2025, unless an appeal is filed [3] Appeal and Compliance Efforts - On October 20, 2025, Cycurion submitted a request to appeal the delisting determination to a Hearings Panel, which will stay the suspension of its securities pending the Panel's decision [4] - The company’s board approved a 30:1 reverse stock split to regain compliance with the Bid Price Rule, expected to take effect on October 27, 2025 [5] Future Listing Options - If the appeal is unsuccessful or compliance is not regained, Cycurion may seek to list its shares on the over-the-counter market, which is less liquid and could depress the trading price of its shares [6] Company Overview - Cycurion, Inc. is a cybersecurity solutions provider based in McLean, Virginia, specializing in IT cybersecurity, program management, and business continuity, serving various sectors including government and healthcare [7]