CYCU Cycurion
Price Chart
Executive Summary
Cycurion closed its acquisition of Secuvant, LLC for total consideration of approximately $2.875M ($875k cash + 888,888 shares of preferred stock valued at ~$2.0M), with additional contingent earn-out payments over three years. The deal adds the Panoptic threat visibility platform but at a substantial cost relative to Cycurion's $7M market cap, involving significant dilution via preferred stock.
Key Financial Metrics
Actionable Insight
The acquisition introduces significant dilution via the ~$2.0M preferred stock issuance relative to the ~$7M market cap. Monitor upcoming 10-Q for revenue contribution from Panoptic platform and cash burn rate post-deal. The earn-out structure provides some alignment but the upfront cost is high — watch for integration and revenue ramp updates in subsequent filings.
Key Facts
- Closed acquisition of Secuvant, LLC via reverse merger completed on June 2, 2026.
- Total consideration: approximately $2.875 million.
- $875,000 paid in cash; 888,888 shares of preferred stock valued at ~$2.0 million issued.
- Contingent earn-out payments over 2026–2028: guaranteed annual $100k plus performance-based payments tied to gross profit from certain revenue streams.
- Performance-based earn-outs payable 50% cash and 50% Cycurion common stock.
- Secuvant created the 'Panoptic platform' for threat visibility and security insights.
- Cycurion market cap is approximately $7M, making the deal value ~41% of market cap.
Financial Impact
Total deal value of ~$2.875M (41% of market cap) plus contingent earn-outs up to $300k guaranteed + performance-based amounts over 3 years. Cash component of $875k is material for a $7M market cap company.
Risk Factors
- Integration risk with Secuvant's technology and personnel; smaller companies face higher execution risk.
- Dilution from 888,888 preferred shares (~$2.0M value) on a $7M market cap could pressure common stock.
- Cash component ($875k) is substantial relative to cash balance — liquidity risk if the Panoptic platform fails to generate expected revenue.
- Contingent earn-outs tied to gross profit may not materialize, reducing ROI on the deal.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3308838 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 9, 2026
3d ago
|
Press Release
| $0.8408 awaiting T+5 | awaiting T+5 | — | $0.6370 (−24.24%) |
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May 22, 2026
21d ago
|
Press Release
| $1.01 $0.8714 | ▼ −13.72% | ▼ −15.40% | $0.6370 (−36.93%) |
|
May 20, 2026
23d ago
|
Press Release
| $0.9080 $0.9420 | ▲ +3.74% | ▲ +2.51% | $0.6370 (−29.85%) |
|
May 14, 2026
29d ago
|
Press Release
| $0.9080 $0.9010 | ▼ −0.77% | ▼ −0.05% | $0.6370 (−29.85%) |
|
May 7, 2026
5w ago
|
Press Release
| $0.9000 $0.9000 | · 0.00% | ▼ −1.50% | $0.6370 (−29.22%) |
|
Apr 27, 2026
6w ago
|
Press Release
| $0.8600 $0.9670 | ▲ +12.44% | ▲ +12.04% | $0.6370 (−25.93%) |
|
Apr 8, 2026
9w ago
|
Press Release
| $1.32 $1.24 | ▼ −6.06% | ▼ −9.58% | $0.6370 (−51.74%) |
|
Apr 1, 2026
10w ago
|
Press Release
| $1.05 $1.34 | ▲ +27.62% | ▲ +23.85% | $0.6370 (−39.33%) |
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Mar 25, 2026
11w ago
|
Press Release
| $1.20 $1.05 | ▼ −12.50% | ▼ −12.26% | $0.6370 (−46.92%) |
|
Mar 17, 2026
12w ago
|
Press Release
| $1.23 $1.15 | ▼ −6.50% | ▼ −3.85% | $0.6370 (−48.21%) |
US Market Status
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