🔴 T3 Defense is trading 10.71% down today following termination of planned Project 35 acquisition

T3 Defense is trading at $9.00, down 10.71%, after investors continued repricing the company following the August 28, 2026 termination of its planned Project 35 acquisition.

• The cancellation returned the acquired 60% equity interest, 168,479 shares, and $1.25 million note to the seller.
• This restored the parties to their pre-acquisition positions; the broader market is higher, making the company-specific reversal the clearer catalyst.