Business
Cycurion, Inc. Completes Transformative Acquisition of Secuvant, LLC and Flagship Panoptic Cybersecurity Platform
Cycurion, Inc. Completes Transformative Acquisition of Secuvant, LLC and Flagship Panoptic Cybersecurity Platform
About this update from Cycurion, Inc.
MCLEAN, Va., June 09, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading provider of AI-driven cybersecurity, IT security solutions, and managed services, today announced the successful closing of its acquisition of Secuvant, LLC (“Secuvant”), the creator of the groundbreaking Panoptic platform, through a merger transaction completed on June 2, 2026. This strategic transaction marks a major acceleration of Cycurion’s growth strategy. Panoptic’s industry-leading continuous threat and vulnerability visibility, intelligent prioritization, and real-time security insights will significantly expand Cycurion’s product portfolio and enhance its ability to deliver higher-margin, recurring revenue solutions to enterprise and government clients. L. Kevin Kelly, Chief Executive Officer of Cycurion, stated: “This acquisition is a game-changer for Cycurion. It advances our strategy of moving into higher-margin, recurring revenue businesses while increasing the breadth and depth of products that we deliver to our clients. Panoptic is a powerful addition that strengthens our competitive position and creates exciting new cross-selling opportunities across our customer base.” Ryan Layton, former chief executive officer of Secuvant and now serving as an advisor to Cycurion in connection with the integration of the Secuvant business, added: “Panoptic was built to transform how organizations manage cyber risk. By joining forces with Cycurion, we now have the ideal platform to rapidly scale this breakthrough technology and deliver next-generation protection at enterprise scale. The best is yet to come.” The Merger The merger transaction was completed pursuant to an Agreement and Plan of Merger entered into on May 21, 2026 (the “Merger Agreement”), among Cycurion, Cycurion Merger Sub, LLC, a wholly owned subsidiary of Cycurion (“Merger Sub”), and Secuvant. Under the terms of the Merger Agreement, Merger Sub merged with and into Secuvant in a reverse merger transaction, with Secuvant surviving the merger as a wholly owned subsidiary of Cycurion (the “Merger”). The Merger was consummated on June 2, 2026. The total consideration for the transaction is approximately $2.875 million, consisting of $875,000 in cash and 888,888 shares of preferred stock (representing approximately $2.0 million in value). In addition, Secuvant equityholders a...