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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by us: Shares Purchased Total Consideration Average Price Number Percent Amount Percent Per Share Existing stockholders [___] [___] % $ [___] [___] % $ [___] New investors [___] [___] % [___] [___] % [___] Total [___] 100.0 % $ [___] 100.0 % $ [___] The information above assumes that the Representative does not exercise its over-allotment option. If the Representative exercises its over-allotment option in full, the as adjusted net tangible book value will increase to $[____] per share, representing an immediate increase to existing stockholders of $[____] per share and an immediate dilution of $[_____] per share to new investors. The foregoing discussion and table do not take into account further dilution to new investors that could occur upon the exercise or conversion of outstanding warrants, and options, having a per share exercise or conversion price less than the per share offering price to the public in this offering.

We may choose to raise additional
capital due to market conditions or strategic considerations even if we believe we have sufficient funds for our current or future operating
plans. To the extent that additional capital is raised through the sale of equity or convertible debt securities, the issuance of these
securities could result in further dilution to our stockholders.

The above discussion and table
are based on 54,218,813 shares of common stock outstanding as of September 30, 2025 not giving effect to our planned reverse stock split,
[_______] as adjusted for the reverse stock split at a [   ] ratio. The discussion and table do not include, as of that date:

●	15,500,000 shares, [_______] shares of our common stock as adjusted for the reverse stock split at a [   ] ratio issuable upon exercise of warrants, at a weighted average exercise price of $0.65 per share or $[_____] per share as adjusted for the reverse stock split at an assumed [   ] ratio;

●	4,496,812 shares, [_______] shares as adjusted for the reverse stock split at a [   ] ratio, of our common stock issuable upon exercise of outstanding options at a weighted average exercise price of $0.54 per share or $[____] per share as adjusted for the reverse stock split at a [   ] ratio;

●	4,503,188 shares, [_______] shares as adjusted for the reverse stock split at a[   ] ratio, of our common stock that are reserved for equity awards that may be granted under our existing equity incentive plans; and

●	[____ ] shares of our common stock issuable upon the exercise of the Representative’s Warrants to be issued in this offering.

OUR BUSINESS

Overview

We are a robotics company
developing advanced robotics and drone-based systems. Our advanced robotic system enables remote, real-time, accurate firing of small
arms and light weapons that can achieve pinpoint accuracy while compensating for the movement of the weapons platform or the target. We
also introduced an insulator cleaning drone, which is a drone technology for conducting routine maintenance of critical infrastructure
for cleaning electric utility cable insulators.

We were founded in 2014 as
UAS LLP, and until the consummation of the Share Exchange Agreement, we were a developer and manufacturer of commercial unmanned aerial
systems, or drones, intending to provide a superior Quadrotor aerial platform at an affordable price point in the law enforcement and
first responder markets.

On March 9, 2020, we closed
on the Share Exchange Agreement under which Duke Inc. became our majority-owned subsidiary. Such closing date is referred to as the “Effective
Time.” As a result of the Share Exchange, the Company adopted the business plan of Duke Inc.

On April 29, 2020, we, Duke
Inc., and UAS Sub, executed an Agreement and Plan of Merger, under which UAS Sub was to merge, upon the satisfaction of customary closing
conditions, with and into Duke Inc., with Duke Inc. surviving as our wholly-owned subsidiary. Under the Merger Agreement, we intended
to acquire the remaining outstanding shares of Duke Inc. held by those certain Duke Inc. shareholders who did not participate in the Share
Exchange. On June 25, 2020, Duke Inc. filed a Certificate of Merger with the State of Delaware, and consequently, Duke Inc. became our
wholly-owned subsidiary and the Short-Form Merger was consummated.

Duke Inc. has a wholly-owned
subsidiary, Duke Israel, which was formed under the laws of the State of Israel in March 2014 and became the sole subsidiary of Duke Inc.
after its incorporation. Our mailing address is 10 HaRimon Street, Mevo Carmel, Israel 3903212, and our telephone number is +972-054-5707050.
Our website address is https://dukeroboticsys.com.

Effective as of October 22, 2020, our common stock began to be quoted
on the OTCQB tier Venture Market, under the symbol “USDR”.

On January 29, 2021, we, through
Duke Airborne Systems Ltd. (“Duke Israel”), and Elbit, entered into a Collaboration Agreement for the global marketing and
sales, and the production and further development by Elbit of our developed advanced robotic system mounted on a UAS, armed with lightweight
firearms, which we then marketed under the commercial name “TIKAD.” On April 2, 2025 we and Elbit executed a Supplement Letter
to the Collaboration Agreement relating to the stabilized weapons drone system technology that Elbit has been marketing and deploying
under the brand name “Birds of Prey”. Pursuant to the Supplement Letter, we and Elbit have agreed to expand their collaboration
to allow us to market the system to military, defense, home-land security and para-military customers, in coordination with Elbit. We
will be entitled to a commission fee, in the mid-single figure percentage range, from any proceeds resulting from our marketing activities,
in addition to the royalties we are entitled to receive as part of the Collaboration Agreement.

On August 15, 2022, Duke Israel
introduced the IC Drone, a drone technology for conducting routine maintenance of critical infrastructure and signed an agreement with
IEC to provide drone-enabled systems for cleaning electric utility cable insulators. During October 2023, we completed our obligations
under the agreement with the IEC. This was followed in August 2024, by a new agreement with the IEC to utilize our innovative IC Drone
system for cleaning electric utility cable insulators.  On May 12, 2025, we announced the successful commencement of our 2025
insulator cleaning activity in Israel with the IEC under our previously announced service agreement. On June 10, 2025, we announced the
launch of our next-generation IC Drone System - the ICDS2 - representing a significant technological advancement in our innovative utility
maintenance drone solution. The ICDS2 features several key technological advancements over its predecessor, featuring extended flight
time, higher payload capacity, enhanced stability, advanced radar and improved cleaning durability. It has been successfully deployed
at the start of the insulator cleaning season in May 2025, marking a full-season operational timeline compared to 2024’s mid-season
commencement.

On October 28, 2024, we filed
a Certificate of Amendment to our Articles of Incorporation with the Nevada Secretary of State to change the Company’s corporate
name from UAS Drone Corp. to DUKE Robotics Corp. effective as of November 4, 2024.

In connection with the Certificate
of Amendment, we also filed an issuer notification form with FINRA reflecting our name change and requesting a change in our trading symbol
from “USDR” to “DUKR”. Effective as of market open on Monday, November 4, 2024, the name changed to DUKE Robotics
Corp. and the transition of our OTCQB ticker symbol from “USDR” to “DUKR” took effect.

Company Overview

Until the consummation of
the Share Exchange, we were a developer and manufacturer of commercial unmanned aerial systems, UAS or drones, with the goal of providing
a superior quadrotor aerial platform at an affordable price point in the law enforcement and first responder markets. Following the Share
Exchange, we adopted the business plan of Duke. Duke is a robotics company dedicated to the development of an advanced robotics stabilization
system that enables remote, real-time, pinpoint accurate firing of small arms and light weapons as well as other civilian applications
with an emphasis on the field of infrastructure maintenance.

Although the first product
has been designed to be used by a UAS, the robotic solutions are also adaptable to other military platforms, as well as civilian purposes,
such as our IC Drone solution.

Prior to marketing our systems
to potential defense and military customers, for security reasons, governmental approvals are required for each sale.

On January 29, 2021, we, through
Duke Israel, and Elbit, entered into the Collaboration Agreement for the global marketing and sales, and the production and further development
of our developed advanced robotic system mounted on an UAS, armed with lightweight firearms, which we marketed under the commercial name
“TIKAD”. Following the Collaboration Agreement, we have expanded our technology beyond military applications and continue
to explore additional uses for our technology and know-how.