Nukkleus shares surge 10.59% intraday after announcing $10M private placement for expansion.

Nukkleus surged 10.59% intraday following the announcement of a $10 million at-the-market private placement on September 5, 2025, as reported by GlobeNewswire and MarketWatch. The funding aims to support the company’s expansion, aligning with recent strategic moves such as a $14 million acquisition of Tiltan Software Engineering and a joint venture with Mandragola for defense infrastructure modernization. The private placement, priced to strengthen capital resources, likely bolstered investor confidence in Nukkleus’ growth trajectory in aerospace and defense technologies. Earlier news, including a Nasdaq delisting notice and mixed analyst ratings, was overshadowed by the immediate positive catalyst of the capital raise.