Core Viewpoint - Cycurion, Inc. has implemented a one-for-thirty reverse stock split to enhance its position for institutional investment and strengthen its balance sheet, aiming for a robust performance in 2026 [5]. Group 1: Reverse Stock Split Details - The reverse stock split took effect on October 27, 2025, with shares trading on a split-adjusted basis under the existing symbol "CYCU" [2][3]. - The number of outstanding shares was reduced from approximately 86,533,435 to about 2,884,447 shares, with no change to the par value or total number of authorized shares [3]. - Stockholders with fractional shares will receive cash payments based on the closing price prior to the split [4]. Group 2: Nasdaq Hearing - On October 20, 2025, Cycurion submitted a request to appeal a Nasdaq determination to delist its securities, with a hearing scheduled for November 20, 2025 [6]. Group 3: Company Overview - Cycurion, based in McLean, Virginia, specializes in IT cybersecurity solutions and AI, serving government, healthcare, and corporate clients [7].
Cycurion, Inc. Announces Successful Completion of 1-for-30 Reverse Stock Split
Globenewswireยท2025-10-27 21:30