T3 Defense is trading 7.6% down now at $9.41 after a September 4 SEC filing registered up to 5.1 million common shares for resale by existing stockholders.
- The filing is not a primary capital raise, but the potential increase in freely tradable supply is creating a significant overhang.
- The decline contrasts with its 9.94% gain on September 3, indicating heightened volatility around the filing.