Nukkleus completed a 1-for-8 reverse stock split on October 24, 2024, agreeing to issue whole shares for fractional entitlements. On October 31, DTCC requested the issuance of 182,004 shares to cover fractional shares resulting from the split.The company, however, disputes this figure, believing it to be incorrect based on its historical shareholder data. Nukkleus has initiated an inquiry into the calculations and will not issue any shares for fractional entitlements during the investigation.Nukkleus acknowledges potential liability if it's determined that the share issuance is required. The company filed this report on November 25, 2024, as per SEC regulations.

Nukkleus completed a 1-for-8 reverse stock split on October 24, 2024, agreeing to issue whole shares for fractional entitlements. On October 31, DTCC requested the issuance of 182,004 shares to cover fractional shares resulting from the split.The company, however, disputes this figure, believing it to be incorrect based on its historical shareholder data. Nukkleus has initiated an inquiry into the calculations and will not issue any shares for fractional entitlements during the investigation.Nukkleus acknowledges potential liability if it's determined that the share issuance is required. The company filed this report on November 25, 2024, as per SEC regulations.