Recent Updates — DFNS
T3 Defense Inc. announced that its wholly owned subsidiary, Rimon Agencies Ltd., received a purchase order valued at approximately $1.3 million from a leading Israeli defense prime contractor. The order involves supplying engineered power-generation systems for a European production line supporting a critical air-defense system, with deliveries scheduled to the customer’s European facility. This marks the first Rimon purchase order tied to European air-defense production activity and adds to its existing backlog of approximately $2.1 million as of July 31, 2026. T3 Defense Inc. operates in the defense industry, acquiring and operating mission-critical defense businesses involved in national security programs.
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.
T3 Defense Inc. received written notice from Nasdaq on August 17, 2026, confirming regained compliance with the minimum bid price requirement under Listing Rule 5450(a)(1). The company previously faced non-compliance due to its common stock trading below $1.00 for 30 consecutive business days as of May 8, 2026. Nasdaq determined that from August 3, 2026, through August 14, 2026, the closing bid price remained at or above $1.00 per share for ten consecutive business days. This resolution restores the company's standing with all applicable listing requirements. T3 Defense Inc. operates in the defense technology sector.
T3 Defense Inc. announced that SC II Acquisition Corp., a SPAC controlled by a Nukkleus Defense Technologies Inc. subsidiary, has terminated its non-binding letter of intent to acquire a payments technology company. The termination is effective immediately and releases the SPAC from most obligations under the LOI. T3 Defense Inc. operates in the defense and technology sectors.
T3 Defense Inc. approved a 1-for-50 reverse stock split to raise its common stock bid price above $1.00 per share to regain compliance with Nasdaq Listing Rule 5550(a)(2). The split will become effective as of 12:01 a.m. ET on July 20, 2026, and the company's common stock will begin trading on a split-adjusted basis on that date. T3 Defense Inc. operates in the defense industry and provides defense technology solutions.
On July 6, 2026, T3 Defense Inc. acquired a 60% equity stake in Project 35, an Israeli developer of unmanned aerial platforms and counter-UAV systems. The consideration included the issuance of 21,059,871 shares of common stock and a $1,250,000 promissory note bearing 12% interest, maturing July 5, 2027. Additionally, T3 Defense committed to investing $2,500,000 in Project 35 over the next 12 months. Project 35 specializes in autonomous interceptors, such as the HY-380, and serves major defense organizations including the Israel Ministry of Defense and Rafael Advanced Defense Systems. T3 Defense operates in the defense industry, providing unmanned aerial systems and tactical defense technologies.