SCHEDULE: Armistice Capital Reports 4.99% Stake in Cycurion

Armistice Capital, LLC and Steven Boyd have jointly filed a Schedule 13G, disclosing beneficial ownership of 4.99% of Cycurion, Inc.'s common stock as of March 31, 2026.

Summary

• Armistice Capital, LLC and Steven Boyd have filed an amendment to their Schedule 13G, reporting their beneficial ownership of Cycurion, Inc. common stock.
• As of March 31, 2026, the reporting persons collectively beneficially own 289,388 shares, representing 4.99% of the class of securities.
• Armistice Capital, LLC acts as the investment manager for Armistice Capital Master Fund Ltd., the direct holder of the shares.
• Steven Boyd, as the managing member of Armistice Capital, LLC, may be deemed to beneficially own these shares.
• The filing indicates that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It's a routine disclosure of ownership stake without providing performance data or strategic insights into the company's operations.

Positives

• Reporting persons hold a significant stake just below the 5% threshold that typically triggers more stringent reporting requirements.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a passive investment approach rather than an activist one.

Negatives

• The filing does not contain any financial performance data or operational updates for Cycurion, Inc., limiting the ability to assess the company's health.
• The Master Fund disclaims beneficial ownership due to the investment management agreement, which could imply a complex ownership structure.

Risks

• Potential for increased scrutiny from regulators due to the ownership stake nearing the 5% threshold.
• The nature of the investment strategy of Armistice Capital and its Master Fund is not detailed, leaving open questions about future intentions.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding Cycurion, Inc.'s future performance or strategic plans.

Management Comments

• Armistice Capital, LLC exercises voting and investment power over the securities of the Issuer held by the Master Fund.
• Mr. Boyd, as the managing member of Armistice Capital, may be deemed to beneficially own the securities of the Issuer held by the Master Fund.
• The Master Fund specifically disclaims beneficial ownership of the securities of the Issuer directly held by it by virtue of its inability to vote or dispose of such securities as a result of its Investment Management Agreement with Armistice Capital.
• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and hedge funds accumulating significant stakes in publicly traded companies. This filing indicates Armistice Capital's interest in Cycurion, Inc., but without further context on Cycurion's business or sector, it's difficult to assess broader industry implications.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant beneficial owner, which can be relevant for understanding the shareholder base. However, it does not offer insights into the company's performance that would directly impact share price.
• Management: The filing confirms a passive investment approach, which may reduce immediate pressure for strategic changes from this particular investor.
• Creditors: No direct impact is indicated as the filing does not concern the company's financial health or debt obligations.

Next Steps

• Monitor future filings from Armistice Capital, LLC and Steven Boyd for any changes in ownership or investment strategy.
• Observe any potential future disclosures from Cycurion, Inc. that might provide context for this investment.

Key Dates

Keywords

Schedule 13G, Cycurion, Inc., Armistice Capital, LLC, Steven Boyd, Beneficial Ownership, Common Stock, SEC Filing, Investment Management