Cycurion touts record $54.6M state HHS contract; regains Nasdaq $1.00 bid compliance after 1-for-8 reverse split

Cycurion, Inc.

$54.6M 10-year contract — largest in Cycurion's history — won via a global consulting firm to modernize a major state HHS system; >$5M annual revenue, work starts Nov 2026.
Digital Ally Video Solutions acquisition adds ~$5.5M annual revenue, >$1.2M EBITDA and 800+ law-enforcement agency customers; pro forma gross revenue run rate ~$30M.
Regained Nasdaq Listing Rule 5550(a)(1) $1.00 minimum bid compliance per an Oct 1, 2026 letter; stock closed above $1.00 for 10 straight trading days.
1-for-8 reverse stock split effected Aug 28, 2026; Nasdaq Discretionary Panel Monitor runs through Oct 1, 2027, with no plan-of-compliance cure if compliance lapses.
CEO L. Kevin Kelly cited reduced debt, improved margins and long-term contract visibility; management targets larger federal and commercial cybersecurity opportunities.

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