secwatch.observer — SEC 8-K summary
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Issuer:     Nukkleus Inc. (—)
CIK:        0001592782
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001213900-23-078794
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nukkleus issues $270K promissory note to CEO at 5%; proceeds used to pay related-party debt.
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- On Sept 18, 2023, Nukkleus issued a $270,000 promissory note to CEO Emil Assentato at 5% interest, due Sept 18, 2026.
- Proceeds of $245,000 used to reduce debt owed to FX Direct Dealer LLC, a wholly owned subsidiary of Currency Mountain Holdings.
- Approved by non-interested board members; CEO directly owns ~85% of Max Q, which owns 80% of Currency Mountain Holdings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1592782/000121390023078794/0001213900-23-078794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1592782/000121390023078794/ea185602-8k_nukkleusinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-078794

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer