secwatch.observer — SEC 8-K summary
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Issuer:     T3 Defense Inc. (DFNS)
CIK:        0001787518
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001213900-24-053398
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 2.03, 3.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nukkleus loses primary customer TCM, enters $312.5K debt deal with X Group, appoints new directors
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- Terminated General Services Agreement with Triton Capital Markets (TCM), which provided minimum $1.6M/month revenue; most revenue came from TCM.
- Issued $312,500 senior unsecured note to X Group Fund of Funds for $250K cash, 12% interest, 6-month term; also issued warrant for 1.2M shares at $0.25.
- Agreed to sell subsidiary Digital RFQ Ltd to its management team; lender has option to lend additional $500,000 on convertible note.
- Appointed Reuven Yeganeh and Anastasiia Kotaieva as independent directors; Emil Assentato enters voting agreement to support lender-proposed deals.
- CEO Assentato's debt repayment: 30% within 9 months, balance in 24 months; lender becomes exclusive acquisition advisor during 6-month investment period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1787518/000121390024053398/0001213900-24-053398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1787518/000121390024053398/ea0208006-8k_nukkleus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-053398

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