Jamal Khurshid - May 24, 2021 Form 4 Insider Report for Nukkleus Inc. (NUKK)

Role: Chief Operating Officer, 10%+ Owner
Signature: /s/ Jamal Khurshid
Stock symbol: NUKK
Transactions as of: May 24, 2021
Transactions value $: $0
Form type: 4
Date filed: 2/17/2022, 03:30 PM
Next filing: Aug 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NUKK	Common Stock, $0.0001 par value per share	Purchase		+11.1M	+42.8%		37.1M	Aug 30, 2021	Direct	F1
transaction	NUKK	Common Stock, $0.0001 par value per share	Purchase		+37.1K	+0.14%		26M	May 24, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 24, 2021, Nukkleus Inc. (the "Company") and the shareholders of Match Financial Limited (the "Match Shareholders"), a private limited company formed in England and Wales ("Match"), entered into a Purchase and Sale Agreement (the "Match Agreement"), pursuant to which the Company, on May 28, 2021, acquired 1,152 ordinary shares of Match representing 70% of the issued and outstanding ordinary shares of Match in consideration of 70,000,000 shares of common stock of the Company (the "Initial Transaction") and issued an option to acquire the balance of Match's outstanding ordinary shares in consideration of 100,000 shares of common stock of the Company. On August 30, 2021, the Company exercised its option pursuant to which it acquired from the Match Shareholders the balance of 493 ordinary shares of Match representing 30% of the issued and outstanding ordinary shares of Match for an additional 30,000,000 shares of common stock of the Company.

Content

On May 24, 2021, Nukkleus Inc. (the "Company") and the shareholders of Match Financial Limited (the "Match Shareholders"), a private limited company formed in England and Wales ("Match"), entered into a Purchase and Sale Agreement (the "Match Agreement"), pursuant to which the Company, on May 28, 2021, acquired 1,152 ordinary shares of Match representing 70% of the issued and outstanding ordinary shares of Match in consideration of 70,000,000 shares of common stock of the Company (the "Initial Transaction") and issued an option to acquire the balance of Match's outstanding ordinary shares in consideration of 100,000 shares of common stock of the Company. On August 30, 2021, the Company exercised its option pursuant to which it acquired from the Match Shareholders the balance of 493 ordinary shares of Match representing 30% of the issued and outstanding ordinary shares of Match for an additional 30,000,000 shares of common stock of the Company.