Cycurion stock (NASDAQ: CYCU) surged nearly 500% during Thursday's regular session and rose another 43% early Friday after the cybersecurity company announced the largest contract in its history. The stock closed July 30 at $1.61, up 495.85% from $0.2702, after repeated volatility halts.
Cycurion Inc (NASDAQ:CYCU) has completed its acquisition of Secuvant LLC, the developer of the Panoptic cybersecurity platform, through a merger that closed on June 2, the company said. The McLean, Virginia-based company, which sells AI-driven cybersecurity, IT security and managed services, said the purchase of Secuvant accelerates its growth strategy and brings the Panoptic platform into its product line.