Cycurion to Acquire Halo Privacy and havenX in Cash, Stock Deal With $7.5 Million Installments — TradingView News
Publish Date: 2026-05-26 17:33:00
Source Domain: www.tradingview.com
Cycurion entered into an Agreement and Plan of Merger to acquire Halo Privacy and havenX, with each to become wholly owned subsidiaries. Closing consideration includes $1.0 million in cash and $1.5 million in Cycurion common stock, plus future contingent payments. Post-closing, Cycurion will make cash installments of $2.0 million, $2.5 million, and $3.0 million at annual intervals, alongside potential earnouts, additional stock issuances, and up to $1.0 million tied to the Babylon Contract milestones. Certain payments are subject to clawbacks capped at $3.0 million, and closing is expected by the end of June 2026.
Agreement details:
- Agreement type: Agreement and Plan of Merger to acquire Halo Privacy and havenX
- Counterparty: Halo Privacy and havenX
- Signed / Effective: May 07 2026 / same
- Duration / Termination: Until Closing
- Reason: Expand secure communications offerings and customer base
Original SEC Filing: Cycurion, Inc. [ CYCU ] – 8-K – May. 26, 2026
Disclaimer
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
