Cycurion Sets 1-for-8 Reverse Split Effective Aug 28 to Maintain Nasdaq Listing
CYCU has more than doubled off its 52-week low of $0.26 on light trading volume (0.1× avg).
Summary
Cycurion will execute a 1-for-8 reverse stock split effective August 28, 2026, reducing outstanding shares from about 25.8 million to 3.2 million. The move is designed to lift the stock price above Nasdaq's $1 minimum bid requirement, with the company facing a delisting hearing on August 20. Shareholders approved a reverse split range of 3:1 to 75:1 in July, and the board selected the 1-for-8 ratio on August 13. The split itself does not change ownership percentages, but it is a critical step to avoid delisting. Trading will continue under the symbol CYCU with a new CUSIP.
At the time of this announcement, CYCU was trading at $0.65 on NASDAQ in the Technology sector, with a market capitalization of approximately $16.8M. The 52-week trading range was $0.26 to $16.03. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.