---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-042313"
form_type: "8-K"
ticker: "DFNS"
cik: "0001787518"
company_name: "T3 Defense Inc."
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:41:52.443462+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# T3 Defense subsidiary Water IO sells Zorronet to BiomX for 1.3M shares and $1.25M note

## Summary
- Water IO Ltd. (67%-owned by T3 Defense) sold 100% of Zorro Net Ltd. to BiomX (PHGE) on April 10, 2026.
- Consideration: 1,300,000 BiomX shares (~16.57% of BiomX) and a $1.25M non-convertible promissory note (3-month maturity).
- BiomX assumed earnout obligation: greater of 125% of 2026 revenue or 8x 2026 EBITDA, payable by March 31, 2027.
- BiomX must retain key Zorronet personnel for 3 years on no less favorable terms.
- T3 Defense, via 67% ownership of Water IO, indirectly holds the BiomX shares.

## SEC filing metadata
- accession: 0001213900-26-042313
- form_type: 8-K
- ticker: DFNS
- cik: 0001787518
- company_name: T3 Defense Inc.
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787518/000121390026042313/0001213900-26-042313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787518/000121390026042313/ea0285348-8k_t3defense.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-042313
- JSON: https://secwatch.observer/filing/0001213900-26-042313.json
- Plain text: https://secwatch.observer/filing/0001213900-26-042313.txt

## Source-grounded claims
- claim_id: 2bd92e064e15949bf01ebe2865c2d5fe09d3d262
  claim: T3 Defense Inc. completed a disposition involving BiomX Inc. for 1,300,000 shares of BiomX common stock; and a non-convertible promissory note in the principal amount of $1,250,000 (closed 2026-04-10).
  evidence_excerpt: with Elbit Systems Ltd (TASE/Nasdaq: ESLT) and other top Israel’s preeminent defense prime contractors. As consideration for the Zorronet shares, BiomX issued to Water IO: (i) 1,300,000 shares of BiomX common stock; and (ii) a non-convertible promissory note in the principal amount of $1,250,000, bearing interest at the short-term applicable federal rate,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787518/000121390026042313/0001213900-26-042313-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.