Mergers & Acquisitions ·
T3 Defense Inc. terminated its acquisition of a 60% equity interest in Project 35 Ltd., returning the shares and…
DFNST3 Defense Inc.
T3 Defense Inc. terminated its acquisition of a 60% equity interest in Project 35 Ltd., returning the shares and cancelling a $1,250,000 note bearing 12% interest maturing July 5, 2027. The transaction was previously disclosed on July 9, 2026. Concurrently, the company reported its share count increased to 3,008,775 shares outstanding as of August 14, 2026, due to issuances under an S-8 registration statement, conversion of Series B Convertible Preferred Shares, and exercise of warrants. The parties released each other from liabilities but continue discussions regarding a potential joint venture or product purchases. T3 Defense Inc. operates in the security and defense industry.