Nukkleus Inc. approves 1-for-8 reverse stock split to regain Nasdaq compliance; authorized shares increased to 150M

T3 Defense Inc.

Reverse stock split at 1-for-8 ratio effective 12:01 am ET on October 24, 2024; new CUSIP 67054R203.
Purpose is to raise bid price above $1.00 to regain compliance with Nasdaq Listing Rule 5550(a)(2).
Authorized shares increased from 40M to 150M via certificate of amendment filed October 18, 2024.
At annual meeting on Oct 11, 2024, shareholders approved the reverse split, authorized shares increase, and elected seven directors.
All seven director nominees elected including CEO Menachem Shalom; GreenGrowth CPAs ratified as auditor.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

T3 Defense Inc.: Reverse stock split at a ratio of one-for-eight and increase in authorized shares from 40,000,000 to 150,000,000 (effective 2024-10-24).

Change: charter amendment
Effective: 2024-10-24

Exact text from the filing

On October 11, 2024, the Company filed a Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation with the Delaware Secretary of State as corrected on October 16, 2024 to effect the Reverse Stock Split (the “Reverse Certificate of Amendment”), which will become effective 12:01 am eastern time on October 24, 2024.

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23 governance changes filed in the last 30 days. Browse all governance changes →

T3 Defense Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-088707

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