🔴 T3 Defense is trading 14.47% down today after terminating planned Project 35 60% stake acquisition

T3 Defense is trading 14.47% down at $10.11 after terminating its planned acquisition of a 60% stake in Project 35, effective August 28, 2026.

• The agreement returned the equity interest, 168,479 shares, and a $1.25 million promissory note to their original parties.
• The funding obligation was also cancelled.
• Broader risk-off sentiment and defense-sector weakness are adding pressure.