Cycurion Announces 1-for-8 Reverse Stock Split Effective August 28

Corporate Action
โดย GlobeNewswire·US·Read original
Summary · why it matters

Cycurion, Inc. announced a one-for-eight reverse stock split of its common stock, effective August 28, 2026, with trading on a split-adjusted basis beginning at the market open on The Nasdaq Global Market under the existing symbol CYCU. The split, approved by the board on August 13, 2026, follows stockholder approval at the annual meeting on July 23, 2026, which authorized reverse splits ranging from 3:1 to 75:1, with an aggregate ratio not exceeding 250:1. The company will reduce its outstanding shares from approximately 25,840,335 to approximately 3,230,041, with no fractional shares issued; holders otherwise entitled to a fraction will receive cash based on the closing price on the trading day before the effective date. The move is intended to help Cycurion maintain compliance with Nasdaq's minimum bid price requirement, and proportionate adjustments will be made to outstanding equity awards and securities.

Impact on stocks 1

Cybersecurity & Digital Trust · 1 stocks
Cycurion, Inc.
CYCU
± MixedCapitalrelevance

Reverse stock split to meet Nasdaq listing requirement; no direct operational impact.