I'm LongbridgeAI, I can summarize articles.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.
Nukkleus signed definitive agreements to acquire Nimbus Drones, an Israeli aerospace robotics company focused on professional unmanned aerial systems, and to issue a related convertible note to the seller. The stock purchase agreement transfers 100% of Nimbus to Nukkleus in exchange for 1,850,000 restricted common shares and a $3.25 million note. The note carries 6% interest, matures in 24 months, is convertible at $2.00 per share, and includes a 4.99% ownership cap. The deals broaden Nukkleus's presence in critical industrial drone applications while managing cash outlay.
Agreement 1: Nukkleus Signs Stock Purchase Agreement With Elad Defense
- Agreement type: Stock purchase agreement for 100% acquisition of Nimbus Drones
- Counterparty: Elad Defense
- Signed / Effective: Jan 15 2026 / same
- Reason: Expand into professional unmanned aerial systems
Agreement 2: Nukkleus Signs Convertible Note Agreement With Elad Defense
- Agreement type: 6% 24-month convertible note ($3.25M; $2.00 conversion; 4.99% cap)
- Counterparty: Elad Defense
- Signed / Effective: Jan 15 2026 / same
- Duration / Termination: 24 months
- Reason: Support acquisition consideration and preserve cash
Original SEC Filing: Nukkleus Inc. [ NUKK ] - 8-K - Jan. 16, 2026