Cycurion, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Cycurion, Inc. on July 16, 2026, regarding events occurring on July 10, 2026. The Company is an emerging growth company incorporated in Delaware with its principal executive offices in McLean, Virginia. Its common stock (CYCU) and redeemable warrants (CYCUW) are registered on The NASDAQ Stock Market LLC.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The only financial metric disclosed is the stock price performance triggering the delisting notice: the closing bid price of the Company's common stock was below the $1.00 per share minimum for 31 consecutive business days from May 26, 2026, through July 9, 2026.
Material Changes
- Delisting Notice: On July 10, 2026, the Company received a Staff Determination Letter from Nasdaq notifying it of a decision to delist its common stock due to failure to maintain the $1.00 minimum bid price requirement (Listing Rule 5550(a)(1)).
- Compliance Period Restriction: Because the Company executed a 1-for-30 reverse stock split on October 27, 2025, it is ineligible for the customary 180-calendar day compliance period.
- Imminent Suspension: Absent a timely hearing request, trading in the Company's securities is expected to be suspended at the opening of business on July 21, 2026.
Outlook, Management Commentary, and Risks
Management plans to timely request a hearing before the Nasdaq Hearings Panel before the July 17, 2026 deadline. A timely request will stay the suspension of securities and the filing of a Form 25-NSE pending the Panel's decision. The Company's stock will continue to trade on Nasdaq during the appeal process. However, the filing explicitly states there can be no assurance that the Hearings Panel will grant the request for continued listing, that the Company will regain compliance, or that the stock will remain listed following the hearing.
Investor Verification Checklist
- Confirm the status of the hearing request with the Nasdaq Hearings Panel by the July 17, 2026 deadline.
- Monitor the Company's stock price to determine if it can regain the $1.00 minimum bid price requirement.
- Review the press release dated July 16, 2026 (Exhibit 99.1) for additional details on the delisting notice.
- Verify if the Company has a plan to regain compliance with Nasdaq listing standards beyond the appeal process.