SEC Filing Document

Company: DUKE Robotics Corp.
Ticker: DUKR
CIK: 1638911
Filing Type: DRS
Document Type: DRS
Date Filed: 2025-12-22
Accession Number: 0001213900-25-124553
Exchange: OTC
SIC Code: 3721
SIC Description: Aircraft
URL: https://www.sec.gov/Archives/edgar/data/1638911/000121390025124553/filename1.htm

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otherwise benefit its own interests rather than the interests of the corporation and its stockholders. In addition, business combinations that are not approved and therefore take place after the three year waiting period may also be prohibited unless approved by the board of directors and stockholders or the price to be paid by the interested stockholder is equal to the highest of (i) the highest price per share paid by the interested stockholder within the 3 years immediately preceding the date of the announcement of the business combination or in the transaction in which he or she became an interested stockholder, whichever is higher; (ii) the market value per common share on the date of announcement of the business combination or the date the interested stockholder acquired the shares, whichever is higher; or (iii) if higher for the holders of preferred stock, the highest liquidation value of the preferred stock.

Acquisition of a Controlling
Interest. The NRS contains provisions governing the acquisition of a “controlling interest” and provides generally that
any person that acquires 20% or more of the outstanding voting shares of an “issuing corporation,” defined as Nevada corporation
that has 200 or more stockholders at least 100 of whom are Nevada residents (as set forth in the corporation’s stock ledger); and
does business in Nevada directly or through an affiliated corporation, may be denied voting rights with respect to the acquired shares,
unless a majority of the disinterested stockholder of the corporation elects to restore such voting rights in whole or in part.

The statute focuses on the
acquisition of a “controlling interest” defined as the ownership of outstanding shares sufficient, but for the control share
law, to enable the acquiring person, directly or indirectly and individually or in association with others, to exercise (i) one-fifth
or more, but less than one-third; (ii) one-third or more, but less than a majority; or (iii) a majority or more of the voting power of
the corporation in the election of directors.

The question of whether or
not to confer voting rights may only be considered once by the stockholders and once a decision is made, it cannot be revisited. In addition,
unless a corporation’s articles of incorporation or bylaws provide otherwise (i) acquired voting securities are redeemable in whole
or in part by the issuing corporation at the average price paid for the securities within 30 days if the acquiring person has not given
a timely information statement to the issuing corporation or if the stockholders vote not to grant voting rights to the acquiring person’s
securities; and (ii) if voting rights are granted to the acquiring person, then any stockholder who voted against the grant of voting
rights may demand purchase from the issuing corporation, at fair value, of all or any portion of their securities.

The provisions of this section
do not apply to acquisitions made pursuant to the laws of descent and distribution, the enforcement of a judgment, or the satisfaction
of a security interest, or acquisitions made in connection with certain mergers or reorganizations.

Transfer Agent and Registrar

The transfer agent and registrar
for our common stock is Direct Transfer, LLC, a subsidiary of Issuer Direct Corporation, with its business address at One Glenwood Ave,
Suite 1001 Raleigh, NC 27603.

Market Listing

Our common stock is currently
quoted on the OTCQB under the symbol “DUKR”. We intend to apply to have our common stock and warrants listed on Nasdaq under
the symbols “DUKR” and “DUKRW” respectively, and if necessary, we intend to effect a reverse stock split of our
common stock in order to obtain Nasdaq approval for our listing of our common stock. We cannot guarantee that such reverse stock split
will occur based on any specific ratio, that such reverse stock split will be necessary or will occur in connection with the uplist of
our common stock to Nasdaq, or that Nasdaq will approve our initial listing application for our common stock upon such reverse stock split.
If our listing application is not approved by Nasdaq, we will not be able to consummate this offering and will terminate the offering.
For a list of specific requirements to uplist to Nasdaq, see “Risk Factors”.

Reverse Stock Split

We expect to effect a [ ]-for-[
] reverse stock split of our outstanding common stock following the effective time of the registration statement of which this prospectus
forms a part but prior to the closing of this offering. We intend for the Board to effect such reverse stock split in connection with
the consummation of this offering and our intended listing of our common stock on Nasdaq, however we cannot guarantee that such reverse
stock split will occur within the range stated above, that such reverse stock split will be necessary or will occur in connection with
the listing of our common stock on Nasdaq, or that Nasdaq will approve our initial listing application for our common stock upon such
reverse stock split.

The reverse stock split will
not impact the number of authorized shares of common stock which will remain at 350,000,000 shares. Unless otherwise noted, the share
and per share information in this prospectus reflects, other than in our financial statements and the notes thereto, a proposed reverse
stock split of the outstanding common stock and treasury stock of the Company at a [ ] ratio to occur immediately following the effective
time of the registration statement of which this prospectus forms a part but prior to the closing of this offering.

Disclosure of Commission Position on Indemnification
for Securities Act Liabilities

Insofar as indemnification
for liabilities arising under the Securities Act may be permitted to our directors, officers and controlling persons pursuant to the foregoing
provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable.

MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS

The following is a summary
of the material U.S. federal income tax considerations relating to the purchase, ownership and disposition of our Units, common stock
and warrants purchased in this offering, which we refer to collectively as our securities, but is for general information purposes only
and does not purport to be a complete analysis of all the potential tax considerations. The holder of a unit generally should be treated,
for U.S. federal income tax purposes, as the owner of the underlying one share of common stock and one warrant to purchase one share of
common stock that underlie the unit, as the case may be. As a result, the discussion below with respect to actual holders of common stock
and warrants should also apply to holders of Units (as the deemed owners of the underlying common stock and warrants that comprise the
Units). This summary is based upon the provisions of the Internal Revenue Code of 1986, as amended (the “Code”), existing
and proposed Treasury regulations promulgated thereunder, administrative rulings and judicial decisions, all as of the date hereof. These
authorities may be changed, possibly retroactively, so as to result in U.S. federal income and estate tax consequences different from
those set forth below. There can be no assurance that the Internal Revenue Service (the “IRS”) will not challenge one or more
of the tax consequences described herein, and we have not obtained, and do not intend to obtain, an opinion of counsel or ruling from
the IRS with respect to the U.S. federal income tax considerations relating to the purchase, ownership or disposition of our securities.

This summary does not address
any alternative minimum tax considerations, any considerations regarding the tax on net investment income, or the tax considerations arising
under the laws of any state, local or non-U.S. jurisdiction, or under any non-income tax laws, including U.S. federal gift and estate
tax laws, except to the limited extent set forth below. In addition, this summary does not address tax considerations applicable to an
investor’s particular circumstances or to investors that may be subject to special tax rules, including, without limitation:

●	banks, insurance companies or other financial institutions;

●	tax-exempt organizations or governmental organizations;

●	regulated investment companies and real estate investment trusts;

●	controlled foreign corporations, passive foreign investment companies and corporations that accumulate earnings to avoid U.S. federal income tax;

●	brokers or dealers in securities or currencies;

●	traders in securities that elect to use a mark-to-market method of accounting for their securities holdings;

●	persons that own, or are deemed to own, more than five percent of our capital stock (except to the extent specifically set forth below);

●	tax-qualified retirement plans;

●	certain former citizens or long-term residents of the United States;

●	partnerships or entities or arrangements classified as partnerships for U.S. federal income tax purposes and other pass-through entities (and investors therein);

●	persons who hold our securities as a position in a hedging transaction, “straddle,” “conversion transaction” or other risk reduction transaction or integrated investment;