Cycurion, Inc. ("Cycurion" or the "Company"), a leading provider of AI-driven cybersecurity, IT security solutions, and managed services, today announced the successful closing of its acquisition of Secuvant, LLC ("Secuvant"), the creator of the groundbreaking Panoptic platform, through a merger transaction completed on June 2, 2026. This strategic transaction marks a major acceleration of Cycurion's growth strategy. Panoptic's industry-leading continuous threat and vulnerability visibility, intelligent prioritization, and real-time security insights will significantly expand Cycurion's product portfolio and enhance its ability to deliver higher-margin, recurring revenue solutions to enterprise and government clients.
Cycurion completes acquisition of Secuvant and its Panoptic cybersecurity platform.
Total transaction consideration is approximately $2.875 million including $875,000 cash and 888,888 shares of preferred stock.
Secuvant equityholders are eligible for contingent earn-out payments over three years including guaranteed annual payments of $100,000.
Panoptic provides continuous threat visibility, intelligent prioritization, and real-time security insights.
The merger was consummated on June 2, 2026 via a reverse merger transaction.
Secuvant was founded in 2014 specializing in managed security services using its Cyber7 framework.
L. Kevin Kelly, Chief Executive Officer of Cycurion, stated: "This acquisition is a game-changer for Cycurion. It advances our strategy of moving into higher-margin, recurring revenue businesses while increasing the breadth and depth of products that we deliver to our clients. Panoptic is a powerful addition that strengthens our competitive position and creates exciting new cross-selling opportunities across our customer base."
Ryan Layton, former chief executive officer of Secuvant and now serving as an advisor to Cycurion in connection with the integration of the Secuvant business, added: "Panoptic was built to transform how organizations manage cyber risk. By joining forces with Cycurion, we now have the ideal platform to rapidly scale this breakthrough technology and deliver next-generation protection at enterprise scale. The best is yet to come."
The merger transaction was completed pursuant to an Agreement and Plan of Merger entered into on May 21, 2026 (the "Merger Agreement"), among Cycurion, Cycurion Merger Sub, LLC, a wholly owned subsidiary of Cycurion ("Merger Sub"), and Secuvant. Under the terms of the Merger Agreement, Merger Sub merged with and into Secuvant in a reverse merger transaction, with Secuvant surviving the merger as a wholly owned subsidiary of Cycurion (the "Merger"). The Merger was consummated on June 2, 2026.
The total consideration for the transaction is approximately $2.875 million, consisting of $875,000 in cash and 888,888 shares of preferred stock (representing approximately $2.0 million in value). In addition, Secuvant equityholders are eligible to receive contingent earn-out payments over a three-year period from 2026 through 2028. The earn-out includes guaranteed annual payments of $100,000 and additional performance-based payments tied to the gross profit generated from certain revenue streams. Any performance-based earn-out amounts will be paid 50% in cash and 50% in shares of Cycurion common stock.
In connection with the closing, Cycurion entered into certain ancillary agreements with Secuvant equityholders, including registration rights, lock-up, leak-out and escrow arrangements.
Higher-Margin Expansion: Adds a premium, SaaS-like recurring revenue platform to the portfolio.
Product Leadership: Broadens Cycurion's cybersecurity offerings with best-in-class threat visibility and prioritization capabilities.
Accelerated Growth: Creates cross-selling opportunities and strengthens Cycurion's position in a fast-growing market.
Aligned Economics: Structured with performance-based earn-outs tied directly to Panoptic's future success.
About Cycurion, Inc.
Cycurion, Inc. is a leader in AI-driven cybersecurity and national security solutions. The Company delivers integrated platforms and expert services to protect critical systems, ensure operational resilience, and support clients across government, enterprise, and high-profile sectors.
About Secuvant
Secuvant is an independent IT security firm providing enterprise-grade cybersecurity services, risk management, and managed solutions to mid-market organizations. Founded in 2014, it specializes in managed security services, threat and vulnerability management and compliance using its Cyber7 framework.
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