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CYCURION (CYCU) and IQSTEL (IQST) Strengthen Strategic Alliance by Retaining the Full $1,000,000 Worth of Cross Holdings and Each Company Announces the One-Time Pro-Rata Distribution of Approximately $500,000 of Their Own Shares to Their Own Respective Shareholders
Both Companies Signal Long-Term Commitment, Joint Development Plans, and a “Sibling Companies” Vision for the FutureMCLEAN, Va., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Cycurion Inc. (NASDAQ: CYCU) (“Cycurion”) and IQSTEL Inc. (NASDAQ: IQST) (“IQSTEL”) refer to the joint press release dated September 3, 2025, in which each company announced plans to distribute $500,000 worth of the other company’s shares to its respective shareholders. To further solidify the strategic alliance between the two compani
About this update from Cycurion, Inc.
[{"type":"text","content":"Both Companies Signal Long-Term Commitment, Joint Development Plans, and a “Sibling Companies” Vision for the Future","length":116,"tagName":"p"},{"type":"text","content":"MCLEAN, Va., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Cycurion Inc. (NASDAQ: CYCU) (“Cycurion”) and IQSTEL Inc. (NASDAQ: IQST) (“IQSTEL”) refer to the joint press release dated September 3, 2025, in which each company announced plans to distribute $500,000 worth of the other company’s shares to its respective shareholders. To further solidify the strategic alliance between the two companies, IQSTEL and Cycurion today announce an updated approach: Each company will instead distribute $500,000 worth of its own shares as a one-time, pro-rata dividend to its own respective shareholders, while preserving the full $1,000,000 in cross-ownership shares.","length":646,"tagName":"p"},{"type":"text","content":"Following a coordinated review, Cycurion and IQSTEL agreed that issuing dividends in their own shares—rather than redistributing cross-held shares—provides a more streamlined, efficient, and value-enhancing structure for shareholders. The original cross-shareholding swap is expected to proceed next year once the shares meet seasoning requirements.","length":349,"tagName":"p"},{"type":"text","content":"A Clear Signal of Long-Term Investment and Joint Growth","length":55,"tagName":"p"},{"type":"text","content":"By keeping the full cross-holding positions intact, Cycurion and IQSTEL reinforce to the market that their relationship is not transactional, but rather a long-term investment commitment, reflecting a shared strategy, joint product development roadmap, and tightly aligned corporate vision.","length":290,"tagName":"p"},{"type":"text","content":"Both companies described the decision as a strong symbol of their status as “sibling companies,” working collaboratively to expand their technological footprint in artificial intelligence, cybersecurity, telecom, and high-tech enterprise services.","length":247,"tagName":"p"},{"type":"text","content":"Maintaining Cross-Holdings Strengthens Market Confidence","length":56,"tagName":"p"},{"type":"text","content":"Cycurion CEO Kevin Kelly said:","length":30,"tagName":"p"},{"type":"text","content":"“Keeping the cross-holdings untouched sends the right message: our companies are growing side by side. The dividend distribution using e...