Cycurion merger with Halo/havenX unlikely to close; key employee refuses to join

Cycurion, Inc.

Key Employee provided written notice he will not commence employment after closing, preventing satisfaction of a material closing condition.
Halo and havenX have not delivered required audited financial statements and Estimated Closing Cash Consideration calculations.
Outside Date is July 31, 2026; if not closed by then, parties may terminate Merger Agreement.
Company states it is unlikely that Halo and havenX can satisfy the condition by the Outside Date.

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