Brief: Cycurion Acquires Secuvant, Supercharging Ai-Driven Cybersecurity With Automated, Scalable Threat Defense
22/05/2026 13:58
May 22 (Reuters) - Cycurion Inc CYCU.O: CYCURION ACQUIRES SECUVANT, SUPERCHARGING AI-DRIVEN CYBERSECURITY WITH AUTOMATED, SCALABLE THREAT DEFENSE – PERFECTLY COMPLEMENTS HAVENX PLATFORM CYCURION INC - DEAL EXPECTED TO CONTRIBUTE $3 MILLION ANNUALIZED REVENUE AND $1.5 MILLION EBITDA FOR FY2026 CYCURION INC - TOTAL CONSIDERATION IS $2.875 MILLION: $875,000 CASH AND 888,888 PREFERRED SHARES CYCURION INC - SECUVANT EQUITYHOLDERS ELIGIBLE FOR EARN-OUT PAYMENTS OVER 2026-2028 INCLUDING $100,000 ANNUALLY Source text: ID:nGNX8XZGrj Further company coverage: CYCU.O ((Reuters.Briefs@thomsonreuters.com;))