Cycurion, Inc. has implemented a 1-for-8 reverse stock split of its common stock, effective at the market open on August 28, 2026. The primary purpose of this action is to assist the company in maintaining compliance with the minimum bid price requirement for its continued listing on The Nasdaq Global Market. The stock will continue to trade under the symbol "CYCU" on a split-adjusted basis.
Key Details
- Effective Date: The reverse stock split is effective August 28, 2026, when the stock will begin trading on a split-adjusted basis.
- Share Count Impact: The number of issued and outstanding shares will be reduced from approximately 25,840,335 to approximately 3,230,041.
- Additional Information: A new CUSIP number, 95758L404, has been assigned to the common stock. No fractional shares will be issued; they will be paid out in cash. Proportionate adjustments will be made to outstanding equity awards and convertible securities.