Nukkleus (NASDAQ:NUKK) has announced a private placement with a $9.50M investment from Esousa Group Holdings and a $500,000 investment from Sixth Borough Capital Fund. The aggregate gross proceeds from the private placement are $10M. The funds will be used to support the company's growth and operations.
Nukkleus Inc. (NASDAQ: NUKK) has announced a private placement led by a $9.5 million investment from Esousa Group Holdings, a New York-based family office, and a $500,000 investment from Sixth Borough Capital Fund. The aggregate gross proceeds from the private placement are expected to be approximately $10 million. The funds will be used to support the company's growth and operations, including strategic acquisitions and business expansion initiatives [1].
The private placement involves the issuance of 200 units, each priced at $50,000. Each unit consists of a restricted share of Series A convertible preferred stock and restricted common warrants to purchase 15,957 shares of common stock. The closing of the private placement is expected to occur on or about September 9, 2025, subject to customary closing conditions [1].
Nukkleus has been actively pursuing strategic partnerships and acquisitions to expand its presence in the fast-growing aerospace and defense market. The company has recently announced a joint venture with Mandragola Ltd. aimed at modernizing aviation infrastructure across Europe and Israel, as well as an exclusive distribution agreement with BladeRanger Ltd. for its surveillance and tactical drone systems in the United States [2].
Despite these strategic moves, Nukkleus stock remains a high-risk investment due to the absence of Wall Street analyst coverage and inconsistent profitability. The company has yet to report consistent net margins and has experienced shareholder dilution in recent filings. The Mandragola and BladeRanger deals, while promising, are early-stage initiatives with execution risk [2].
In summary, Nukkleus' private placement is a significant funding event that will support the company's growth and strategic acquisitions. However, investors should remain cautious due to the company's high-risk profile and the early-stage nature of its strategic partnerships.
References:
[1] https://seekingalpha.com/news/4492763-nukkleus-announces-10-million-private-placement
[2] https://invezz.com/news/2025/08/29/nukkleus-stock-soars-on-mandragola-deal-sell-nukk-before-it-retreats/
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