Cycurion, Inc.

Cycurion, Inc. confirmed that its hearing before the Nasdaq Hearings Panel is scheduled for August 20, 2026. The company's common stock continues to trade on Nasdaq, and its timely hearing request has stayed the delisting action. Cycurion will disclose the Panel's decision promptly, with CEO Kevin Kelly emphasizing the company's focus on its business plan.

Cycurion, Inc. provided an update regarding its pending hearing before the Nasdaq Hearings Panel, scheduled for August 20, 2026, at 10:00 a.m. Eastern Time. The company clarified that its common stock (CYCU) has not been delisted and continues to trade on the Nasdaq Capital Market. A timely hearing request has stayed the delisting action, pending the Panel's final written decision, which is not expected on the hearing date. Cycurion remains focused on its business plan and will disclose material developments.

Cycurion, Inc. has successfully closed the acquisition of substantially all assets of Kustom Entertainment, Inc.'s legacy video solutions segment. This strategic move is expected to add over $5 million in annual revenue and more than $1.2 million in EBITDA, bringing Cycurion's pro forma gross revenue run rate to approximately $30 million. The acquisition includes Kustom's Digital Ally-branded portfolio, over 50 patents, and access to more than 800 new public safety clients, creating significant cross-selling opportunities for Cycurion's AI-driven cybersecurity solutions.

Cycurion, Inc. announced the successful closing of its acquisition of substantially all assets of Kustom Entertainment, Inc.'s legacy video solutions segment. This strategic move is expected to add over $5 million in annual revenue and more than $1.2 million in EBITDA, while providing immediate access to over 800 new clients, including law enforcement agencies. The acquisition also strengthens Cycurion's intellectual property with over 50 patents, enhancing its AI-driven cybersecurity and video solutions for public safety. With this closing, Cycurion's pro forma gross revenue run rate now stands at approximately $30 million.

Cycurion, Inc. entered into a warrant inducement agreement to secure approximately $4.5 million in gross proceeds. An existing holder agreed to exercise 3,341,439 existing warrants at a reduced price of $1.35 per share. In consideration, Cycurion issued new unregistered warrants to purchase up to 5,012,159 shares at an exercise price of $1.65 per share, exercisable upon stockholder approval. The company intends to use the net proceeds for working capital and general corporate purposes.

Cycurion, Inc. announced its largest contract in company history, a $54.6 million 10-year award secured through a partnership with a top-5 global consulting firm. This agreement, supporting a state government health system, is expected to generate over $5 million in annual revenue starting November 2026. Additionally, the company entered a warrant inducement transaction with an institutional investor, generating approximately $4.5 million in gross proceeds for working capital. This follows a Q1 2026 gross margin expansion to 21.1% and a narrowed net loss of $2.1 million.

Cycurion, Inc. has amended its Asset Purchase Agreement with Kustom Entertainment, Inc. to acquire Kustom's video-solutions division. The amendment extends the anticipated closing date from July 15, 2026, to on or about September 15, 2026. As consideration for this extension, Cycurion made a $250,000 non-refundable cash payment and replaced 2,000,000 warrants with Series H Preferred Stock valued at $600,000, which accrues 12.0% annual dividends and is convertible at $1.45 per share. Both parties confirm that all conditions precedent have been met or waived, and they remain committed to completing the transaction.

Cycurion, Inc. announced a significant 10-year contract award valued at approximately $54.6 million, secured through a partnership with a top-5 global consulting firm. This agreement, expected to generate over $5 million in annual revenue starting November 2026, supports the modernization and secure operation of a state government's Health and Human Services System. The company highlighted this as a major step in its strategy to focus on higher-margin, long-term government engagements, building on recent financial improvements like gross margin expansion and reduced net loss in Q1 2026, and integrating capabilities from its recent Secuvant acquisition. Cycurion also noted its ongoing investigation into potential market manipulation of its stock.

Cycurion, Inc. announced that its previously disclosed merger agreement with Halo Privacy, Inc. and havenX, Inc. is unlikely to close by the July 31, 2026, Outside Date. This is due to Halo and havenX failing to satisfy material closing conditions, including a key employee's refusal to join the company and the non-delivery of required audited financial statements and estimated closing cash consideration.

Cycurion, Inc. announced it has requested a hearing before the Nasdaq Hearings Panel to appeal a delisting determination received on July 10, 2026. The determination was due to non-compliance with the minimum bid price requirement. The hearing is scheduled for August 2026, and the company's request has temporarily stayed any suspension or delisting action. Cycurion's common stock is expected to continue trading on The Nasdaq Capital Market under "CYCU" during this period, as the company plans to present its strategy to regain and maintain compliance with Nasdaq listing standards.