Cycurion Rises After Closing $6M Private Placement

Dow Jones

2025/12/06

By Elias Schisgall

Shares of Cycurion gained after the technology company said it had closed a $6 million private placement with a single institutional investor.

The stock was up 15%, to $4.18, Friday afternoon, but has lost nearly half its value in the past year.

The company first announced the private placement on Thursday, saying it would sell nearly 1.7 million shares and warrants for an additional 3.3 million shares at an effective combined price of $3.62 a share. The transaction closed Friday.

It didn't name the institutional investor purchasing the stake.

Kevin Kelly, Cycurion's chief executive, said Thursday that proceeds from the placement would accelerate the company's inorganic growth strategy and execute its backlog.

Alliance Global Partners facilitated the transaction.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 05, 2025 15:27 ET (20:27 GMT)

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The transaction closed Friday. \n</p>\n<p>\n  It didn't name the institutional investor purchasing the stake. \n</p>\n<p>\n  Kevin Kelly, Cycurion's chief executive, said Thursday that proceeds from the placement would accelerate the company's inorganic growth strategy and execute its backlog. \n</p>\n<p>\n  Alliance Global Partners facilitated the transaction. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 05, 2025 15:27 ET (20:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4123","symbol_name":"调查和咨询服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2589175618","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589175618","pubTimestamp":1764966420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Cycurion gained after the technology company said it had closed a $6 million private placement with a single institutional investor.The stock was up 15%, to $4.18, Friday afternoon, but has lost nearly half its value in the past year.The company first announced the private placement on Thursday, saying it would sell nearly 1.7 million shares and warrants for an additional 3.3 million shares at an effective combined price of $3.62 a share. 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