Cycurion, Inc. announced that its planned merger with Halo Privacy, Inc. and havenX, Inc. is unlikely to be completed by the agreement's outside date of July 31, 2026. The target companies have failed to satisfy several material closing conditions required by the Merger Agreement dated May 7, 2026.
Key Details
- Unmet Conditions: Halo and havenX have not met key closing conditions, including the delivery of required audited financial statements and a key employee providing written notice that they will not join the post-merger company.
- Termination Date: The Merger Agreement may be terminated if the transaction has not closed by the "Outside Date" of July 31, 2026.
- Filing Context: This update was provided to inform stakeholders that despite Cycurion's efforts, the transactions have not been consummated as the deadline approaches.