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Cycurion: 1-for-8 Reverse Split Backed by Stronger Fundamentals
GlobeNewswire Inc.·
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.
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