On April 3, 2026, T3 Defense Inc. (NASDAQ: DFNS) announced the termination of its obligation to pay $16 million to its wholly-owned subsidiary, Star 26 Capital, Inc. This decision was formalized through a Cancellation Agreement dated March 31, 2026. The agreement allows T3 Defense to eliminate this significant debt without incurring any costs or dilution to its shareholders. The original debt was structured in anticipation of T3 acquiring a 51% stake in Star 26, which was expected to operate as an independent entity requiring financial support. However, following a restructuring of the transaction, T3 now holds complete ownership of Star 26, rendering the original debt unnecessary. This strategic move is expected to enhance T3's financial position by reducing liabilities while maintaining full control over Star 26's assets and operations. The company emphasized that this cancellation will not affect its ownership or operational capabilities regarding Star 26, which continues to be a vital part of T3's business strategy.

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