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On October 22, 2026, T3 Defense Inc. Consummated $10M Private Placement Of 200 Series B Preferred Stock And Warrants; Received Net Proceeds Of $6,605,000 From The Sale Of Units

Benzinga·10/29/2026 21:40:02
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On October 22, 2026, T3 Defense Inc. (the "Company") consummated the sale of 200 units for an aggregate purchase price of $10,000,000, or a per unit price of $50,000, with each unit consisting of (i) one share of Series B Convertible Preferred Stock, par value $0.0001 per share (the "Series B Preferred Stock"), and (ii) common stock purchase warrants to initially purchase up to 14,851 shares of common stock, par value $0.0001 per share of the Company (the "Common Warrants"). The private placement was made pursuant to the terms and provisions of the Securities Purchase Agreement with a certain accredited investor (the "Securities Purchase Agreement") dated February 24, 2026. The terms of the Securities Purchase Agreement, the Series B Preferred Stock and the Common Warrants were previously reported on the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on February 25, 2026.

 

The Company received net proceeds of $6,605,000 from the sale of units, after deducting the principal and accrued interest of the Term Note dated September 8, 2026 owed to the investor and the payment to Dawson James Securities Inc. pursuant to the Placement Agency Agreement, dated September 4, 2025, pursuant to which the placement agent received a cash fee equal to 3.5% of the gross proceeds raised.