$CYCU NEWS: IQST - IQSTEL and CYCU - CYCURION 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 Shareholders
Both Companies Signal Long-Term Commitment, Joint Development Plans, and a "Sibling Companies" Vision for the Future
MIAMI, Nov. 25, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) ("IQSTEL") and Cycurion Inc. (NASDAQ: CYCU) ("Cycurion") refer to the joint press release dated September 3, 2025, in which each company announced plans to distribute $500,000 worth of the other company's shares to its respective shareholders. To further solidify the strategic alliance between the two companies, IQSTEL and Cycurion today announce an updated approach: Each company will instead distribute $500,000 worth of its own shares as a one-time, pro-rata dividend to its shareholders, while preserving the full $1,000,000 in cross-ownership shares.
Following a coordinated review, IQSTEL and Cycurion agreed that issuing dividends in their own shares—rather than redistributing cross-held shares—provides a more streamlined, efficient, and value-enhancing structure for shareholders. The original cross-shareholding swap is expected to proceed next year once the shares meet seasoning requirements.
A Clear Signal of Long-Term Investment and Joint Growth
By keeping the full cross-holding positions intact, IQSTEL and Cycurion reinforce to the market that their relationship is not transactional, but rather a long-term investment commitment, reflecting a shared strategy, joint product development roadmap, and tightly aligned corporate vision.
Both companies described the decision as a strong symbol of their status as "sibling companies," working collaboratively to expand their technological footprint in artificial intelligence, cybersecurity, telecom, and high-tech enterprise services.
Maintaining Cross-Holdings Strengthens Market Confidence
IQSTEL CEO Leandro Iglesias commented:
"By retaining the full $1,000,000 in shares of each other, IQSTEL and Cycurion demonstrate a deeper level of trust and alignment. This is a long-term partnership. We are building high-tech products together, entering new markets together, and showing shareholders that we are mutually invested in each other's future."
Cycurion CEO Kevin Kelly added:
"Keeping the cross-holdings untouched sends the right message: our companies are growing side by side. The dividend distribution using each company's own shares eliminates unnecessary regulatory filings, streamlines the process for shareholders, and preserves the strength of our strategic alliance."
A Foundation for Joint Developments Ahead
IQSTEL and Cycurion are currently co-developing advanced cybersecurity technologies, AI-based threat intelligence applications, and identity-driven security solutions aimed at telecom operators, financial institutions, and enterprise clients across more than 20 countries and 17 time zones.
The companies expect to deliver additional partnership updates in Q1 and Q2 2026 as new joint products enter the market.
About Cycurion Inc.
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future.
For more information, please visit: www.cycurion.com
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a Global Connectivity, AI, and Digital Corporation providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. Backed by a strong and scalable business platform, the company is forecasting $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027.
For more information, please visit: www.IQSTEL.com.
Official Investors Landing Page: www.landingpage.iqstel.com
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