Welcome to our dedicated page for Nukkleus news (Ticker: NUKK), a resource for investors and traders seeking the latest updates and insights on Nukkleus stock.
Nukkleus Inc. (NASDAQ: NUKK) operates at the intersection of financial technology and defense innovation, delivering blockchain solutions and strategic defense components through its diversified subsidiaries. This page serves as the definitive source for verified company announcements, offering stakeholders timely updates on operational milestones and strategic initiatives.
Investors and analysts will find essential information spanning fintech developments, including digital payment systems and blockchain infrastructure, alongside updates on defense technology acquisitions. All content is curated to meet regulatory standards and provide balanced insights into the company's dual-sector operations.
Regular updates include earnings reports, partnership announcements, and progress on key initiatives like RIMON's defense component distribution. The centralized format ensures efficient tracking of how NUKK's general support services and financial solutions intersect with its defense sector expansions.
Bookmark this page for direct access to primary source materials and official statements. Check back regularly to monitor how Nukkleus continues bridging financial innovation with defense technology through its unique business model.
Nukkleus Inc (NASDAQ: NUKK) has acquired a 51% controlling stake in Star 26 Capital Inc, a defense acquisition company that owns 95% of RIMON, an Israeli supplier of components for the Iron Dome missile defense system. The transaction, completed on December 15, 2024, included cash, promissory notes, common stock, and stock warrants.
RIMON's operations encompass two main business lines: distribution of generators, masts, and lighting solutions through exclusive distributorship agreements, and development of tactical vehicles for defense forces. The acquisition includes an option for Nukkleus to acquire the remaining equity in Star 26 in the future.
According to newly appointed CEO Manny Shalom, this strategic move positions Nukkleus in the growing defense industry, capitalizing on increased investments due to geopolitical shifts in the Middle East and Ukraine. The company plans to integrate Star 26 operations while exploring expansion into financial services, real estate, and technology sectors.
Nukkleus (NASDAQ: NUKK) announced a 1-for-8 reverse stock split effective October 24, 2024. The split aims to regain compliance with Nasdaq's $1.00 minimum bid price requirement by November 4, 2024. Post-split, NUKK's outstanding shares will reduce from 16.9 million to approximately 2.1 million. The company's authorized shares were increased from 40 million to 150 million at the October 11 annual meeting. No fractional shares will be issued, and stockholders will receive rounded-up shares. The split won't alter stockholders' ownership percentages or voting power. Continental Stock Transfer & Trust Company is managing the exchange process for stockholders.
Nukkleus Inc (OTC: NUKK) has filed its annual report on Form 10-K for the year ending September 30, 2022, highlighting the progress of its merger with Brilliant Acquisition Corp (Nasdaq: BRLI). The report shows that digitalRFQ, a Nukkleus subsidiary, achieved significant growth, processing over
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