other material
confidence high
sentiment neutral
materiality 0.70
Cycurion completes 1:30 reverse stock split; Nasdaq delisting appeal hearing set for Nov 20, 2025
Cycurion, Inc.
- 1:30 reverse stock split effective Oct 27, 2025; shares reduced from ~86.5M to ~2.88M.
- Company appealed Nasdaq staff delisting determination; hearing scheduled for Nov 20, 2025.
- CEO letter cites $73.6M contracted backlog, AI platform ARx, and $3.2M debt reduction via preferred stock exchange.
- Company states it meets $10M stockholders' equity and $5M market value of public float requirements.