other_material
confidence high
sentiment neutral
materiality 0.50
Nukkleus acquires warrant for 200M Darwin AI tokens; exercises initial 50M tranche
T3 Defense Inc.
- Paid $500 for a warrant exercisable until July 30, 2026, to buy up to 200M DARWIN tokens in four tranches at $0.02–$0.50/token.
- Exercised initial tranche immediately upon issuance, receiving 50M DARWIN tokens at $0.02 each.
- Payment may be made with Nukkleus common shares, US dollar stablecoins, cash, or a combination.
- Tokens are subject to a 6-month lockup if other insider tokens have a similar lockup; Nukkleus gets pro rata rights to forks and additional token issuances.
- Agreement includes covenants preventing Darwin and its founders from exploiting competing protocols without Nukkleus consent.
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