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GlobeNewswire·

CYCURION (CYCU) and IQSTEL (IQST) Strengthen Strategic Alliance by Retaining the Full $1,000,000 Worth of Cross Holdings and Each Company Announces the One-Time Pro-Rata Distribution of Approximately $500,000 of Their Own Shares to Their Own Respective Shareholders

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  • Cycurion Inc. (NASDAQ: CYCU) & IQSTEL Inc. (NASDAQ: IQST) announced an updated dividend strategy on November 25, 2025, replacing their September 3 plan to distribute shares of the other company.
  • Each company will now distribute $500,000 worth of its own shares as a one-time, pro-rata dividend to its respective shareholders.
  • The original cross-ownership structure preserving $1,000,000 in mutual shares remains intact, with the cross-shareholding swap expected to proceed next year once seasoning requirements are met.
  • The decision to issue own shares aims to streamline operations, reduce regulatory filings, & create a more efficient structure for shareholders.
  • Both companies emphasized that retaining full cross-holdings signals a long-term investment commitment rather than a transactional relationship.
  • CEO Kevin Kelly stated the change eliminates unnecessary regulatory burdens while preserving the strategic alliance strength.
  • CEO Leandro Iglesias noted the move demonstrates deeper trust & alignment as the firms co-develop high-tech products & enter new markets together.
  • The companies are currently co-developing AI-based threat intelligence, cybersecurity technologies, & identity-driven security solutions for clients in over 20 countries.
  • Additional partnership updates & new joint product launches are expected in Q1 & Q2 of 2026.
  • IQSTEL forecasts $340 million in revenue for FY-2025 & targets becoming a $1 billion tech enterprise by 2027.