Cycurion, Inc. (NASDAQ:CYCU) shares dropped sharply in after-hours trading Thursday after the cybersecurity company disclosed it had received a Nasdaq staff determination to delist its common stock for failing to meet the exchange’s minimum bid price requirement.
CYCU closed Thursday’s regular session up 2.04% at $0.47 before falling 18.36% to $0.38 in after-hours trading.
Cycurion provides cybersecurity solutions and digital risk management services to government agencies and commercial customers.
Nasdaq Issues Delisting Notice
According to a Form 8-K filed Thursday, Nasdaq notified Cycurion on July 10 that its common stock no longer complies with the exchange’s $1.00 minimum bid price requirement after closing below that threshold for 31 consecutive business days between May 26 and July 9.
Unlike most issuers, Cycurion is not eligible for Nasdaq’s standard 180-day compliance period because it completed a 1-for-30 reverse stock split in October 2025, placing it within the exchange’s one-year restriction on additional grace periods.
Unless the company requests a hearing, trading in its common stock is expected to be suspended beginning July 21, 2026.
Cycurion said it intends to timely request a hearing before the Nasdaq Hearings Panel by the July 17 deadline. A timely appeal would automatically stay the suspension while the panel reviews the company’s case.
The company cautioned there is no assurance the panel will approve its request for continued listing or that it will ultimately regain compliance with Nasdaq’s listing standards.
Trading Metrics
Cycurion has a market capitalization of approximately $5.4 million, with a 52-week high of $16.03 and a 52-week low of $0.40.
The stock has declined 95.97% over the past 12 months.
Benzinga Edge Stock Rankings show negative price trends across the short-, medium-, and long-term time frames, reflecting persistent selling pressure.
Photo: Who is Danny / Shutterstock
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