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Cycurion Announces 1-For-8 Reverse Stock Split, Effective Aug. 28

BenzingaAug 26, 2026, 3:57 PMBenzinga Newsdesk

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benzinga
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Aug 26, 2026, 3:57 PM
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Aug 26, 2026, 3:57 PM
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Captured once, then retained as an archive reference
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Keep reading

  1. Globenewswire IncAug 26, 2026, 5:00 PML. Kevin Kelly, Chairman And Chief Executive Officer

    Cycurion: 1-for-8 Reverse Split Backed by Stronger Fundamentals

    Cycurion announced a 1-for-8 reverse stock split effective August 28, 2026, to meet listing requirements. The company reported significant operational improvements including gross margin expansion from 6.1% to 29.1% year-over-year, net debt reduction of over 50%, two strategic acquisitions, a $54.6 million HHS contract, and $15-17 million in firmly committed annual recurring revenue through 2028. CEO Kelly addressed a stock manipulation campaign and reaffirmed the company's target to achieve break-even profitability by Q2 2027.

    Read original at globenewswire-inc