T3 Defense is trading 7.24% down at $9.35 after investors continued repricing the company following its August 28, 2026 termination of the planned acquisition of a 60% stake in Project 35.
- The cancellation returned the equity interest, shares, and $1.25 million note to their original parties.
- It also eliminated T3 Defense’s funding obligation.
- The broader market is higher on September 2, 2026, making company-specific selling the clearest explanation.