Nukkleus Inc. Announces Date of the Special Meeting of Stockholders to Approve Acquisition of Star 26 Capital, Inc.
Rhea-AI Summary
Nukkleus (NASDAQ: NUKK) will hold a virtual special meeting of stockholders on December 16, 2025 at 10:00 a.m. ET to vote on the proposed acquisition of 100% of Star 26 Capital, Inc. and related share issuance proposals.
Stockholders of record as of November 17, 2025 may vote. Star 26’s assets include B. Rimon Agencies (generators for the “iron dome” launcher), a majority interest in Water.OI (smart hydration technology), and a convertible loan to ITS Industrial Techno-logic Solutions. Proposals also cover conversion of outstanding Series A convertible preferred stock and warrants and share issuance related to a $250 million equity line of credit. Proxy materials are available on the SEC website and the meeting is at www.virtualshareholdermeeting.com/NUKK2025SM.
Positive
- Proposed acquisition of 100% of Star 26
- Star 26 brings suppliers and tech: B. Rimon, Water.OI, ITS loan
- Access to up to $250 million via equity line of credit
Negative
- Share issuances from conversions could dilute common shareholders
- Acquisition requires stockholder approval Dec 16, 2025 to proceed
News Market Reaction – NUKK
On the day this news was published, NUKK declined 8.90%, reflecting a notable negative market reaction. Argus tracked a peak move of +27.4% during that session. Our momentum scanner triggered 57 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $11M from the company's valuation, bringing the market cap to $116M at that time. Trading volume was elevated at 3.0x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK and TEL AVIV, Israel, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Nukkleus Inc. (NASDAQ: NUKK) (“Nukkleus” or the “Company”), a strategic acquirer and developer of high-potential businesses in the aerospace and defense (A&D) industry, today announced that it will hold a special meeting of stockholders on December 16, 2025, at 10:00 a.m. Eastern Time, to vote on the proposed acquisition of Star 26 Capital, Inc. (“Star 26”) and the related share issuance proposals. The meeting will be conducted virtually at www.virtualshareholdermeeting.com/NUKK2025SM.
Stockholders of the Company’s Common Stock of record as of the close of business on November 17, 2025, Eastern Time (the “Record Date”) are entitled to receive notice of, attend, and vote at the special meeting or any adjournment thereof. The notice of the special meeting and definitive proxy materials, which describe the proposals to be submitted for stockholder approval, can be accessed from the SEC.gov website.
At the special meeting, stockholders of the Company’s Common Stock will be asked to vote to approve the proposed acquisition by Nukkleus of
- B. Rimon Agencies Ltd., a supplier of generators for the “iron dome” launcher system;
- a majority interest in Water.OI Ltd., a company developing smart hydration technology; and,
- a convertible loan issued to ITS Industrial Techno-logic Solutions, a provider of fully integrated electro-mechanical machinery, assembly lines, and custom motion systems.
Stockholders of the Company’s Common Stock will also be asked to vote on the issuance of shares upon conversion of the Company’s outstanding Series A Convertible Preferred Stock and associated warrants previously issued to investors, as well as the issuance of shares in connection with the Company’s
About Nukkleus Inc.
Nukkleus Inc. (NASDAQ: NUKK) focuses on acquiring and scaling mission-critical suppliers across the defense, aerospace, and advanced manufacturing sectors. Nukkleus targets Tier 2 and Tier 3 companies that form the industrial backbone of national security infrastructure in the U.S., Israel and Europe. Through its proprietary capital model, Nukkleus integrates operational capabilities, financial discipline, and long-term vision to modernize and expand strategic suppliers, supporting dual-use innovation and resilient supply chains.
The company’s portfolio approach combines organic growth with disciplined M&A, enabling transformational scale and positioning Nukkleus at the core of 21st-century defense industrial strategy.
For more information, please contact:
Investor Relations Contacts (US):
The Equity Group Inc.
Lena Cati
lcati@theequitygroup.com
+1 (212) 836-9611
Val Ferraro
vferraro@theequitygroup.com
+1 (212) 836-9633
FAQ
When is the Nukkleus (NUKK) special stockholders meeting to approve Star 26 acquisition?
Who is eligible to vote at the NUKK special meeting for the Star 26 deal?
What assets does Star 26 include in the Nukkleus (NUKK) proposed acquisition?
How will the NUKK proposals affect shares regarding Series A conversion and equity line?
Where can NUKK investors find the proxy materials for the December 16, 2025 meeting?
