Cycurion Inc. surged 27.65% intraday after regaining compliance with Nasdaq’s minimum bid price requirement, canceling a scheduled hearing and eliminating delisting risks. The company confirmed it met Nasdaq’s Listing Rule 5450(a)(1), ensuring uninterrupted trading. CEO Kevin Kelly emphasized investor support and strategic focus, signaling stability. Additional bullish catalysts included a $1.1 million data-migration contract and a $73.6 million backlog, though the regulatory resolution was the primary driver of the sharp intraday rally.
Comments
No comments yet