MergerMay 26, 2026, 05:41 PM
Cycurion Merges with Halo Privacy & HavenX for $2.5M Upfront
AI Summary
Cycurion, Inc. announced a strategic merger agreement to acquire Halo Privacy, Inc. and integrate HavenX, Inc., creating an AI-driven platform for government-grade privacy, secure communications, and active defense. The aggregate consideration includes $1.0 million in cash and $1.5 million in Parent common stock at closing, along with future earnout and fixed installment payments totaling $7.5 million. Halo Privacy reported $7 million in 2025 revenue, including $5.5 million in high-quality annual recurring revenue, with 95% of its business from U.S. government agencies.
Key Highlights
- Cycurion entered a Merger Agreement to acquire Halo Privacy and integrate HavenX.
- Aggregate consideration includes cash, Parent common stock, and contingent/deferred payments.
- Closing Cash Consideration: $1.0 million.
- Closing Stock Consideration: $1.5 million in Parent common stock.
- Future payments include earnout payments and fixed installment payments totaling $7.5 million.
- Halo Privacy generated $7 million in 2025 revenue, with $5.5 million in annual recurring revenue (ARR).
- Halo Privacy's business is approximately 95% with U.S. government agencies.
Price Impact
More from CYCU