DEFSEC Technologies Inc. files as a Canadian foreign private issuer, with Form 6-K reports furnishing press releases, interim financial statements, management discussion and analysis, and officer certifications. The filings document the company's tactical-systems business, including BLISS and BLDS laser-detection products, DEFSEC Lightning SaaS, TAK-based situational-awareness integration, countermeasure products, and PARA SHOT less-lethal technology.
DEFSEC's regulatory record also covers restated interim statements related to lease accounting, incorporation of 6-K exhibits into Form F-3 registration statements, annual meeting results, auditor and incentive-plan approvals, board changes, executive appointments, and the company's historical identity as KWESST Micro Systems Inc.
DEFSEC Technologies Inc. is registering for resale up to 723,481 Common Shares issuable upon exercise of previously issued investor and placement agent warrants. These Warrants stem from a June 24, 2026 Registered Direct Offering and concurrent Private Placement and are held by named selling securityholders.
No shares are being sold by the company; all resale proceeds go to the selling securityholders. DEFSEC may receive up to approximately CAD$3.2 million only if all Warrants are exercised for cash at exercise prices of CAD$4.39 and CAD$4.675 per share. Common Shares outstanding were 2,666,632 as of July 20, 2026; this is a baseline figure, not the amount being offered. The company is an early-stage Canadian defense and public safety technology provider and auditors highlight substantial doubt about its ability to continue as a going concern. The filing notes significant risks, including potential share price pressure from warrant-share resales and future dilution.
Lind Global Fund III LP, Lind Global Partners III LLC, and Jeff Easton report beneficial ownership of 140,053 DEFSEC Technologies Inc. common shares each, representing 4.99% of the outstanding class. Each reporting person has sole voting and sole dispositive power over 140,053 shares and no shared voting or dispositive power.
The position arises from 356,304 warrants to purchase common shares. Due to conversion limitations in these warrants, beneficial ownership is capped so that the holders cannot convert if it would cause them to own more than 4.99% of DEFSEC’s common shares. As a result, their reportable beneficial ownership is limited to 140,053 shares in the aggregate, and they indicate ownership of 5 percent or less of this class of securities.
An investor group led by Lind Global Fund III LP, together with Lind Global Partners III LLC and Jeff Easton, reports beneficial ownership of 160,077 DEFSEC Technologies Inc. common shares, representing 6 % of the outstanding common shares. The group has sole voting and sole dispositive power over these 160,077 shares and no shared voting or dispositive power.
The same investors also hold 356,304 Warrants to purchase additional common shares. A conversion limitation in the Warrants caps exercises so that the holders cannot beneficially own more than 4.99 % of DEFSEC’s common shares through Warrant conversion, and their beneficial ownership is therefore limited to 160,077 shares in the aggregate.
DEFSEC Technologies Inc., a British Columbia corporation based in Ottawa, has submitted a notice of exempt offering of securities under Regulation D Rule 506(b). The offering consists of warrants and placement agent warrants exercisable for up to five years from the offering date.
The notice lists a total amount sold of $0 USD and a total remaining to be sold of $2,243,564 USD, described as the maximum potential exercise price of the warrants at exercise prices of $3.09 and $3.29. The first sale in the offering occurred on 2026-06-26. DEFSEC selected “Decline to Disclose” for its revenue range.
DEFSEC Technologies Inc. closed a registered direct offering of 673,006 common shares at CAD$3.74 (US$2.63) per share, raising gross proceeds of about CAD$2.5 million. In a concurrent private placement, it issued unregistered warrants to purchase up to 673,006 common shares at an exercise price of CAD$4.39, exercisable immediately for five years.
H.C. Wainwright & Co. acted as exclusive placement agent, receiving a cash fee of CAD$188,778 and 50,475 common share purchase warrants with a CAD$4.675 exercise price and five-year term. DEFSEC plans to use net proceeds for working capital and general corporate purposes. The offering remains subject to final approval of the TSX Venture Exchange.
DEFSEC Technologies Inc. is offering 673,006 Common Shares at CAD$3.74 per share and, in a concurrent private placement, is issuing 673,006 Warrants exercisable at CAD$4.39 (five-year term, immediately exercisable). Placement agent H.C. Wainwright & Co. will receive a 7.5% cash fee and placement agent warrants to purchase 50,475 Common Shares at CAD$4.675.
The prospectus states net proceeds expected to the company of approximately US$1.5 million. Shares outstanding following the Offering are shown as 2,666,632 Common Shares. The prospectus discloses a public float of US$9.82 million based on 1,984,819 Common Shares held by non-affiliates as of June 24, 2026.
DEFSEC Technologies Inc. has entered into definitive agreements for a registered direct offering of 673,006 common shares at CAD$3.74 (US$2.63) per share, for expected gross proceeds of about CAD$2.5 million before fees and expenses. In a concurrent private placement, the company will issue unregistered warrants to purchase up to 673,006 common shares at an exercise price of CAD$4.39 per share, exercisable immediately and expiring five years after issuance.
The closing is expected on or about June 26, 2026, subject to customary closing conditions, with H.C. Wainwright & Co. acting as exclusive placement agent. DEFSEC plans to use the net proceeds for working capital and general corporate purposes, with the common shares offered under an effective Form F-3 shelf registration statement, while the warrants are being sold under a private placement exemption.
DEFSEC Technologies Inc. is raising new equity through a registered direct offering of 673,006 common shares at CAD$3.74 (US$2.63) per share, for expected gross proceeds of about CAD$2.5 million before fees and expenses. In a concurrent private placement, the company will issue unregistered warrants to purchase up to 673,006 common shares at an exercise price of CAD$4.39 per share, exercisable immediately and expiring five years after issuance. Closing is expected on or about June 26, 2026, subject to customary conditions and TSX Venture Exchange approval. DEFSEC plans to use the net proceeds for working capital and general corporate purposes.
DEFSEC Technologies reported much stronger Q2 Fiscal 2026 revenue but remains loss-making with material going concern risks. Revenue for the quarter rose 68% year over year to $2.12 million, driven mainly by digitization services for Canadian defence programs. Six‑month revenue reached $3.43 million, while the net loss for the same period was $4.11 million and Adjusted EBITDA loss was $3.62 million. Cash and cash equivalents fell to $2.95 million and working capital to $3.59 million, reflecting ongoing negative operating cash flows. Management explicitly highlights that continued operations depend on securing additional orders, successfully launching new products such as DEFSEC Lightning 2.0 and PARA SHOT, and raising further debt or equity financing, noting conditions that cast substantial doubt on the company’s ability to continue as a going concern.