Skip to content
DilutionScan
T3 Defense Inc. logo
DFNS$3.47+1.76%

T3 Defense Inc.

Sector: Services-Management Consulting ServicesIndustry: Aerospace & DefenseCountry: USExchange: Nasdaq

Mkt Cap$13.31M
Float & O/S
Inst Own

DilutionScan read 42 of T3 Defense Inc.'s SEC filings and found 12 warrant series, 5 convertibles, 2 equity lines, 1 shelf registration, 7 S-1 registrations and 3 completed offerings on file for DFNS. The latest dilution event on file is an offering on Oct 22, 2026. Analysis updated Oct 29, 2026.

Signal8 Summary

DFNS

Going-concern warning and reverse split

Snapshot

T3 Defense is a distressed micro-cap holding company in transition. FY 2025 revenue was $0, and the business burned $6.2M in free cash flow against a cash balance of only $4.1M. That leaves a cash runway of under 4 months.

What's Happening Right Now

  • : The Board approved a 1-for-125 reverse stock split to boost the share price and satisfy Nasdaq listing requirements.
  • : T3 Defense acquired a 60% stake in drone developer Project35, adding field-proven unmanned aerial systems to its portfolio.
  • : T3 Defense disclosed negative working capital of $69 million and acknowledged substantial doubt about its ability to continue as a going concern in a recent filing.

DilutionScan ProEvery instrument in full · $59/mo