Jamal Khurshid - 24 May 2021 Form 4 Insider Report for Nukkleus Inc.

Signature
/s/ Jamal Khurshid
Issuer symbol
N/A
Transactions as of
24 May 2021
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 15:30:46 UTC
Next filing
10 Aug 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 +11,119,792 +43% 37,103,411 30 Aug 2021 Direct F1
transaction NUKK Common Stock, $0.0001 par value per share Purchase +37,069 +0.14% 25,983,249 24 May 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.