Corporate ActionJun 15, 2026, 05:31 PM
T3 Defense Sells 17.3M Shares for $4.55M to Esousa Group
AI Summary
T3 Defense Inc. announced the sale of 17,294,784 shares of common stock to Esousa Group Holdings, LLC, generating aggregate gross proceeds of $4,545,236. The largest portion of this sale, 15,187,265 shares for $3,805,929, occurred on June 12, 2026. These transactions were conducted under a common stock purchase agreement from September 2025, with the investor waiving a prohibition on purchase notices under an equity line program. However, there is no assurance of future waivers, which could impact the company's ability to make further sales under the program.
Key Highlights
- T3 Defense sold a total of 17,294,784 common shares to Esousa Group Holdings, LLC.
- The aggregate gross proceeds from these sales amounted to $4,545,236.
- The largest single sale occurred on June 12, 2026, for 15,187,265 shares, generating $3,805,929.
- Sales were made pursuant to a common stock purchase agreement dated September 19, 2025.
- The investor waived a prohibition against the company issuing purchase notices under an equity line program.
- As of June 15, 2026, T3 Defense has 94,832,476 common shares outstanding.
- The company also has 200 shares of Series B Convertible Preferred Stock outstanding.
Price Impact
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