Cycurion Says Nasdaq Bid-Price Compliance Is Restored After 1-for-8 Reverse Split
Nasdaq compliance was regained via 10 consecutive closes above $1.00 following an August 28 reverse split
Cycurion, Inc. (NASDAQ:CYCU) said it received a letter dated October 1, 2026 from the Hearings Office of The Nasdaq Stock Market LLC confirming the company has regained compliance with Nasdaq Listing Rule 5550(a)(1), the $1.00 minimum bid price requirement.
According to the company, Nasdaq staff’s compliance worksheet noted that Cycurion effected a 1-for-8 reverse stock split on August 28, 2026, and that since then the company’s bid price closed above $1.00 for 10 consecutive trading days. Cycurion said its common stock continues to trade on the Nasdaq Capital Market under the symbol CYCU.
| Item | Detail (per company release) |
|---|---|
| Listing rule | Nasdaq Listing Rule 5550(a)(1) (minimum bid price of $1.00) |
| Compliance confirmation letter | Dated October 1, 2026 (from Nasdaq Hearings Office) |
| Reverse split | 1-for-8 reverse stock split effected August 28, 2026 |
| Bid-price test cited | Closed above $1.00 for 10 consecutive trading days |
| Exchange / symbol | Nasdaq Capital Market / CYCU |
The decision removes an immediate listing overhang, but a one-year monitoring period raises the stakes for any future deficiency
Cycurion also outlined the procedural backdrop: a Nasdaq Hearings Panel decision letter dated September 9, 2026 granted the company’s request for continued listing, conditioned on demonstrating bid-price compliance on or before September 11, 2026. The October 1 letter confirms that condition has been met.
However, the company said that under Listing Rule 5815(d)(4)(A), it will be subject to a Discretionary Panel Monitor for one year—from October 1, 2026 through October 1, 2027. Cycurion stated that if it fails to maintain compliance with any continued listing requirement during that period, Nasdaq staff will issue a delist determination letter and the company will not be permitted to submit a plan of compliance or receive additional time from staff to regain compliance; the company may request a hearing, which would be promptly scheduled.
| Timeline / Condition | What Cycurion reported |
|---|---|
| Panel decision letter | September 9, 2026 |
| Condition deadline cited | Bid-price compliance on or before September 11, 2026 |
| Compliance confirmed | October 1, 2026 letter confirms condition met |
| Discretionary Panel Monitor period | October 1, 2026 to October 1, 2027 |
| Consequence of a new deficiency during monitor period | Delist determination letter without ability to submit a plan of compliance or receive more time from staff; hearing may be requested |
Management framed the outcome as meeting the Panel’s bid-price condition while emphasizing continued listing standards
“Nasdaq’s letter confirms that we met the bid-price condition in the Panel’s decision,” said Kevin Kelly, Chairman and Chief Executive Officer of Cycurion. “The common stock continues to trade on Nasdaq. We understand the monitor, and meeting Nasdaq’s listing standards has been, and remains, a priority for the Company.”
Intraday trading context shows CYCU well above the $1.00 threshold as of 11:34 AM
During market hours and as of 11:34 AM, CYCU traded at $4.16.
| Market snapshot (11:34 AM) | Value |
|---|---|
| CYCU stock price | $4.16 |
| Change | $1.47 |
| Percent change | 54.65% |
The key risk the company highlighted is that any compliance slip during the monitor period could accelerate delisting proceedings
In its forward-looking statements, Cycurion highlighted risks tied to maintaining Nasdaq compliance—particularly the requirement to keep a closing bid price of at least $1.00 per share and satisfy other continued listing standards. The company also noted that during the Discretionary Panel Monitor period, any failure to maintain compliance would result in a delist determination without the opportunity to submit a plan of compliance or obtain additional time from Nasdaq staff, though a hearing may be requested.
The release also cited risks related to the reverse stock split’s effect on market price, trading volume, and liquidity, as well as stock-price volatility and other uncertainties described in the company’s SEC filings.
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