other_material
confidence high
sentiment positive
materiality 0.75
Nukkleus raises $10M private placement to fund defense acquisitions including Iron Dome supplier
T3 Defense Inc.
- $10M private placement (200 units at $50,000/unit) with Series A convertible preferred and common warrants.
- $9.5M from Esousa Group Holdings; $500K from Sixth Borough Capital Fund.
- Proceeds to fund pending acquisitions: Tiltan Software Engineering, 51% of Star 26 Capital (RIMON, Iron Dome supplier), and JV with Mandragola.
- Securities convertible/exercisable at $4.89 (preferred) and $5.405 (warrants), subject to anti-dilution adjustments.
- Dawson James Securities is placement agent with 7% cash fee; registration rights agreement with liquidated damages.
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