MarketPR

Cycurion merger with Halo Privacy and havenX faces termination risk ahead of July 31 Outside Date

7/29/2026

Three unresolved closing conditions have placed Cycurion, Inc.'s (Nasdaq: CYCU, CYCUW) planned acquisition of Halo Privacy, Inc. at risk of termination ahead of the July 31, 2026 Outside Date.

A July 29 Form 8-K filed with the U.S. Securities and Exchange Commission discloses that a key employee notified the company he will not commence employment following the close of the transactions.

With that notice, the McLean, Virginia company says it is unlikely that Halo and havenX can satisfy the material closing condition requiring Key Employee Agreements to be fully effective before the merger proceeds.

Three conditions, none met Cycurion, Inc. and its merger subsidiaries, Cycurion Merger Sub-Halo, Inc. and Cycurion Merger Sub-havenX, Inc., entered the Agreement and Plan of Merger on May 7, 2026.