other_material
confidence high
sentiment neutral
materiality 0.30
Nukkleus reports sale of $515.5K note and warrant to third party; mutual release with Palm
T3 Defense Inc.
- Senior Unsecured Promissory Note of $515,500 (12% interest, due Feb 1, 2025) sold to unaffiliated third party.
- Warrant to purchase 175,000 shares of common stock (post-split) also transferred to same third party.
- Mutual Release with Palm Global Technologies and original lender East Asia Technology signed June 25, 2025.
- Note and warrant remain obligations of the Company after transfer; no change in terms disclosed.
- Proceeds from initial note were $412,075; company had issued note in August 2024.
item 8.01