Cycurion said the announced merger with Halo and havenX is unlikely to close by July 31 due to missing key employee agreements and required financial deliverables.

Key Highlights:

  • Merger Agreement with Halo and havenX requires Key Employee Agreements and specified closing deliverables to be effective by the Outside Date, July 31, 2026.
  • One Key Employee notified he will not commence post-closing employment, making the required Key Employee Agreement condition unlikely to be satisfied.
  • Halo and havenX have not delivered audited consolidated financial statements, related financial information, or Estimated Closing Cash Consideration calculations.
  • If closing conditions are unmet by July 31, the parties may terminate the Merger Agreement subject to its terms.

Original SEC Filing:

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