Lind Global reports 6% DEFSEC Technologies (DFSC) stake with warrant cap

Rhea-AI Filing Summary

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.

Key Figures

Beneficial ownership: 160,077 common shares Percent of class: 6 % Warrants held: 356,304 Warrants +1 more

4 metrics

Beneficial ownership 160,077 common shares Reported by each Reporting Person for DEFSEC Technologies common shares

Percent of class 6 % Beneficial ownership percentage reported for each Reporting Person

Warrants held 356,304 Warrants Warrants to purchase DEFSEC common shares included in each Reporting Person’s holdings

Beneficial ownership cap 4.99 % Conversion limitation in the Warrants preventing exercises above this ownership level

Key Terms

beneficial ownership, dispositive power, Warrants, Joint Filing Agreement

4 terms

beneficial ownership regulatory

"the reporting person's beneficial ownership has been limited to 160,077 shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

dispositive power regulatory

"Sole Dispositive Power 160,077.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Warrants financial

"356,304 Warrants; however, due to the conversion limitations on the Warrants"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

Joint Filing Agreement regulatory

"99.1 Joint Filing Agreement by and among the Reporting Persons"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/15/2026 - 04:45 PM Accepted by SEC EDGAR 07/15/2026 - 04:44 PM Learn about SEC filing dates

FAQ

What stake in DEFSEC Technologies (DFSC) does the Lind Global group report?

The Lind Global group reports beneficial ownership of 160,077 common shares of DEFSEC Technologies Inc., representing 6 % of the outstanding common shares, with sole voting and dispositive power over that stake and no shared authority.

How many DEFSEC Technologies (DFSC) shares are beneficially owned by each Reporting Person?

Each Reporting Person in the group reports beneficial ownership of 160,077 DEFSEC common shares. This amount corresponds to 6 % of the class, and they each report sole power to vote and dispose of these 160,077 shares.

What Warrants related to DEFSEC Technologies (DFSC) do the Reporting Persons hold?

Each Reporting Person’s holdings include 356,304 Warrants to purchase DEFSEC common shares. Despite this, their beneficial ownership remains capped at 160,077 shares because of specific conversion limitations contained in the Warrant terms.

What is the 4.99% beneficial ownership limitation mentioned for DFSC Warrants?

The Warrants include a provision that limits conversion if it would cause beneficial ownership to exceed 4.99 % of DEFSEC’s common shares. This cap keeps the Reporting Persons’ reportable beneficial ownership at 160,077 shares despite holding additional Warrants.

Who are the Reporting Persons in this DEFSEC Technologies (DFSC) Schedule 13G?

The Reporting Persons are Lind Global Fund III LP, Lind Global Partners III LLC, and Jeff Easton. Lind Global Partners III LLC is the general partner of the fund, and Jeff Easton is the managing member of Lind Global Partners III LLC.

Do the Reporting Persons have sole or shared voting power over DFSC shares?

Each Reporting Person reports sole voting power over 160,077 DEFSEC common shares and no shared voting power. They likewise report sole dispositive power over 160,077 shares, with no shared dispositive power reported.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

DEFSEC Technologies Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

244778106

(CUSIP Number)

06/26/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 244778106

1

Names of Reporting Persons

Lind Global Fund III LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 160,077.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 160,077.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,077.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: (1) The reporting person's ownership consisted of (i) 160,077 common shares and (ii) 356,304 warrants to purchase common shares (the "Warrants"); however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership has been limited to 160,077 shares in the aggregate. (2) The Warrants include a provision limiting the holder's ability to convert the Warrants if such conversion would cause the holder to beneficially own greater than 4.99% of the common shares.

SCHEDULE 13G

CUSIP Number(s): 244778106

1

Names of Reporting Persons

Lind Global Partners III LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 160,077.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 160,077.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,077.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: (1) The reporting person's ownership consisted of (i) 160,077 common shares and (ii) 356,304 Warrants; however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership has been limited to 160,077 shares in the aggregate. (2) The Warrants include a provision limiting the holder's ability to convert the Warrants if such conversion would cause the holder to beneficially own greater than 4.99% of the common shares.

SCHEDULE 13G

CUSIP Number(s): 244778106

1

Names of Reporting Persons

EASTON JEFF

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 160,077.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 160,077.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,077.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) The reporting person's ownership consisted of (i) 160,077 common shares and (ii) 356,304 Warrants; however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership has been limited to 160,077 shares in the aggregate. (2) The Warrants include a provision limiting the holder's ability to convert the Warrants if such conversion would cause the holder to beneficially own greater than 4.99% of the common shares.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: DEFSEC Technologies Inc.
(b)	Address of issuer's principal executive offices: 80 Hines Rd., Suite 300, Ottawa, Ontario, Canada, K2K 2T8
Item 2.
(a)	Name of person filing: This statement is filed by the following entities and individuals (collectively, referred to as the "Reporting Persons"): o Lind Global Fund III LP, a Delaware limited partnership; o Lind Global Partners III LLC, a Delaware limited liability company; and o Jeff Easton, an individual and a citizen of the United States of America. Lind Global Partners III LLC, the general partner of Lind Global Fund III LP, may be deemed to have sole voting and dispositive power with respect to the shares held by Lind Global Fund III LP. Jeff Easton, the managing member of Lind Global Partners III LLC, may be deemed to have sole voting and dispositive power with respect to the shares held by Lind Global Fund III LP.
(b)	Address or principal business office or, if none, residence: The address of the principal business office for each of the Reporting Persons is: 444 Madison Ave, Floor 41 New York, NY 10022
(c)	Citizenship: See Row 4 of cover page for each Reporting Person.
(d)	Title of class of securities: Common Shares
(e)	CUSIP Number(s): 244778106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Row 9 of cover page for each Reporting Person.
(b)	Percent of class: See Row 11 of cover page for each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person.
	(ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Lind Global Fund III LP

Signature:	By: Lind Global Partners III LLC, its General Partner, By: /s/ Jeff Easton
Name/Title:	Jeff Easton, Managing Member
Date:	07/15/2026

Lind Global Partners III LLC

Signature:	/s/ Jeff Easton
Name/Title:	Jeff Easton, Managing Member
Date:	07/15/2026

EASTON JEFF

Signature:	/s/ Jeff Easton
Name/Title:	Jeff Easton
Date:	07/15/2026

Exhibit Information

99.1 Joint Filing Agreement by and among the Reporting Persons.