Nukkleus (NUKK) said Friday that it has secured a $250 million equity line with Esousa Holding Group, an existing shareholder of the company and an institutional investor.

The firm said it has the right but not the obligation to sell up to $250 million in stock over a 36-month period as part of the deal.

Nukkleus said the line provides long-term capital to fund its strategic growth initiatives in mergers and acquisitions while allowing it to control the timing and scale of the financing.

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