Business
Cycurion Responds to Coordinated Stock Attack While Strengthening Core Business
MCLEAN, Va., June 15, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading AI driven, tech-enabled cybersecurity solutions provider, today releases the following Letter to Shareholders from Kevin Kelly, Chairman and Chief Executive Officer. Dear Valued Cycurion Shareholders, I want to share with you some of our current challenges and successes. The past several months have been particularly challenging. We have encountered a highly coordinated adversari
About this update from Cycurion, Inc.
MCLEAN, Va., June 15, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading AI driven, tech-enabled cybersecurity solutions provider, today releases the following Letter to Shareholders from Kevin Kelly, Chairman and Chief Executive Officer. Dear Valued Cycurion Shareholders, I want to share with you some of our current challenges and successes. The past several months have been particularly challenging. We have encountered a highly coordinated adversarial campaign aimed squarely at our company’s stock prices and we are taking active measures to put a halt to that activity and to recover our damages. What the Evidence Shows On March 16, 2026, an unauthorized and fabricated press release was distributed through ACCESS Newswire falsely announcing a massive fictitious acquisition by Cycurion. What followed was a coordinated manipulation of Cycurion’s stock prices, and we have obtained the trading records via subpoenas. Through our lawsuit, which names ACCESS as a defendant and will eventually include the market manipulators, we have obtained records from multiple registered market makers covering trading activity in CYCU. We Are Not Alone — This Is a Known and Prosecuted Pattern We want shareholders to understand that what happened to CYCU is not an isolated phenomenon. Courts, regulators, and fellow public companies have been confronting this exact playbook with increasing frequency — and the damages being pursued in these cases illustrate the serious financial harm this conduct causes: What We Are Doing About It We are actively investigating financial institutions and other parties who engaged in these activities. We have issued litigation hold letters and compiled trading evidence. We believe damages from this coordinated campaign could exceed $30 million. The Company Underneath Despite the external attack on our stock, we continue to build a fundamentally stronger company: The share price has been battered — I acknowledge that. But the trading evidence makes clear that this reflects a coordinated external attack, not our operational fundamentals. We are not alone in facing this — other public companies have fought back and succeeded in court. We intend to do the same. We have a stronger balance sheet, a more robust solution portfolio, and a growing position in the cybersecurity and public safety markets. We are f...