T3 Defense Inc. has entered into a financing agreement that results in a direct financial obligation. On September 8, 2026, the company executed and delivered a Term Note to an institutional lender.
Under the terms of the agreement, T3 Defense Inc. has borrowed $3,000,000. The note is due and payable on the earliest of three specific dates: December 8, 2026; the consummation of the sale of the $10,000,000 Series B Convertible Preferred Stock as outlined in a February 24, 2026 Securities Purchase Agreement; or the completion of a financing transaction generating gross proceeds of at least $3,000,000.
Interest on the loan accrues at a rate of 1% per month. The filing indicates that the note contains standard representations, warranties, and provisions typical for instruments of this nature. A copy of the full Term Note, dated September 9, 2026, is attached as Exhibit 10.54 to the report.
