Cycurion Regains Nasdaq Compliance After 1-for-8 Reverse Split
CYCU sits 36% above its 52-week low of $2.08.
Summary
Nasdaq formally confirmed Cycurion has regained compliance with the $1.00 minimum bid price rule, closing a delisting saga that began in July. The company executed a 1-for-8 reverse split on August 28 and has since traded above $1.00 for 10 consecutive days. This removes the immediate delisting threat, but the stock now faces a Discretionary Panel Monitor through October 1, 2027 — any future compliance lapse triggers automatic delisting without a grace period. The resolution follows a turbulent period including a rejected 7-for-1 split, a $54.6M contract win, and a completed acquisition. Traders should note the monitor's strict terms: one slip below listing standards and Nasdaq can delist immediately.
Updates
· SEC 8-K — The 8-K attaches the October 2 press release confirming Nasdaq compliance and a September 30 interview discussing the $54.6M contract and Digital Ally acquisition.
At the time of this announcement, CYCU was trading at $2.82 on NASDAQ in the Technology sector, with a market capitalization of approximately $8.7M. The 52-week trading range was $2.08 to $104.52. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.