Core Insights - IQSTEL Inc. and Cycurion Inc. have signed a Memorandum of Understanding (MOU) to become mutual equity partners through a planned $1 million stock exchange, enhancing shareholder value by distributing half of the exchanged shares as dividends [1][5][6] - The collaboration aims to create a strong presence in AI-driven cybersecurity for the global telecommunications industry, leveraging both companies' strengths [1][11][15] Investment and Shareholder Value - The stock exchange is designed to unlock shareholder value and is strategically timed to mitigate potential disruptions from U.S. tariffs [2][6] - Each company will issue $1 million worth of common stock to the other, with share distribution based on the lower of the Nasdaq Official Closing Price on the day before the agreement or the average price over the preceding five trading days [4][5] Strategic Collaboration - The agreement integrates the AI-focused Research and Development departments of both companies, aiming to deliver next-generation cybersecurity solutions for telecom, government, and enterprise clients [3][8] - The partnership is expected to create cross-selling opportunities, allowing IQSTEL to introduce its services to Cycurion's customer base and vice versa [7][12] Future Growth and Development - The MOU outlines an initial 60-day exploratory period, with plans to execute a definitive agreement within 30 days, focusing on further collaboration opportunities such as joint ventures and expanded R&D initiatives [13][14] - Both companies are committed to pooling resources and aligning strategic focus to maximize value for their combined shareholder base [11][14] Company Profiles - IQSTEL specializes in telecommunications, fintech, AI, and cybersecurity, with a goal to reach $1 billion in annual revenue by 2027 [16][18] - Cycurion focuses on IT cybersecurity solutions and has strong relationships within government and institutional sectors, enhancing its market presence [17][18]