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Benzinga
Benzinga
Business
Anusuya Lahiri

EXCLUSIVE: IQSTEL And Cycurion Announce $1 Million Stock Swap With Shareholder Dividends And AI Cybersecurity Alliance

Businessman,Using,Technology,Ai,Artificial,Intelligence,Use,Analytics,,Automation,For

IQSTEL Inc. (NASDAQ:IQST) and Cycurion Inc. (NASDAQ:CYCU) on Thursday announced the signing of a Memorandum of Understanding (MOU) to become mutual equity partners following a planned $1 million stock exchange, with half of each company's exchanged shares to be distributed as a dividend to enhance shareholder value.

It sets the stage for creating a powerhouse in AI‑driven cybersecurity for the global telecommunications industry.

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