T3 Defense unwinds Project 35 acquisition; returns 60% stake, cancels $1.25M note

T3 Defense Inc.

Cancellation Agreement with Project 35 Ltd. and X S.A. Security & Defense returns 60% equity; 168,479 shares returned; $1.25M note cancelled.
Parties released each other from all claims arising from the acquisition; T3 has no further obligations to Project 35 or its shareholders.
Shares returned to treasury as authorized/unissued; acquisition originally disclosed in July 9, 2026 8-K.
Parties continue discussing possible joint venture, product purchases, or other transaction.
Share count rose to 3,008,775 issued/outstanding (from 1,663,806) due to S-8, Series B conversions, and warrant exercises.

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