M&A
confidence high
sentiment positive
materiality 0.75
Nukkleus shareholders approve acquisition of Star 26 Capital; closing expected by Dec 31
T3 Defense Inc.
- Shareholders approved at special meeting Dec 16; transaction initially announced Dec 15, 2024.
- Acquisition consideration: mixed cash, equity, promissory notes, and NUKK shares/warrants to Star 26 shareholders.
- Star 26 portfolio includes B. Rimon Agencies (Iron Dome supplier), majority stake in Water.io, and ITS/Positech motion-control tech.
- Deal expands Nukkleus's position in military UAV/UAS value chain, projected $23B by 2030.
- Also approved share issuances for Series A Preferred conversion and $250M equity line.