Nukkleus Signs Multiple Material Agreements
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Nukkleus has signed definitive agreements to acquire Nimbus Drones, an Israeli aerospace robotics company, for 1,850,000 restricted common shares and a $3.25 million convertible note. The note has a 6% interest rate, matures in 24 months, and is convertible at $2.00 per share with a 4.99% ownership cap. This acquisition aims to enhance Nukkleus's presence in industrial drone applications while managing cash outlay. The agreements were signed with Elad Defense and are effective from January 15, 2026.
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