secwatch.observer — SEC 8-K summary
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Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2026-07-10T20:37:39+00:00
Accession:  0001628280-26-047899
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cycurion declines 7-for-1 reverse split, cites manipulation evidence, business run rate $28M
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- Management declines 7-for-1 reverse split, citing past experience and evidence of market manipulation.
- Trading anomalies: 89.9M shares traded Oct 2025 vs 86.5M float; March 16, 2026 drop of 45% triggered Rule 201, short-exempt sales surged.
- Company in contact with NASDAQ regarding suspected manipulation; pursuing investigation and potential enforcement actions.
- Business progress: two acquisitions (Digital Ally ~$5.1M, Secuvant ~$2.5M), organic revenue ~$15.5M, annual run rate ~$28M, new 10-year $58M contract, backlog ~$8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000162828026047899/0001628280-26-047899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000162828026047899/cycu-20260708.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-047899

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer