secwatch.observer — SEC 8-K summary
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Issuer:     T3 Defense Inc. (DFNS)
CIK:        0001787518
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001213900-25-126417
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nukkleus closes acquisition of Tiltan Software Engineering for approx. $14M
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- Acquired all Tiltan shares for NIS 47.6M (~$14M); 75% cash (NIS 35.7M) and 25% stock (NIS 11.9M, 2M shares escrowed).
- Deferred cash portion of NIS 29.75M (~$8.75M) evidenced by secured promissory note, payable in five installments through June 29, 2026.
- Tiltan 2024 revenues $2.96M, net income $822K (down from 2023: $4.40M revenue, $1.97M net income); paid $4.76M dividend in 2024.
- Non-competition and non-solicitation covenants from seller through June 2027; pledge on Tiltan shares as security.
- Pre-closing dividend of NIS 3.24M payable by Nukkleus from select customer payments during 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1787518/000121390025126417/0001213900-25-126417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1787518/000121390025126417/ea0271220-8k_nukkleus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-126417

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