DEFSEC Technologies Inc 2025年年度报告和过渡报告

FORM20-F/A (Amendment No. 1) ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACTOF 1934 OR ☑ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year endedSeptember 30,2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ____________________ to ____________________ OR ☐SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 Commission file number:001-39389 DEFSEC Technologies Inc.(formerly KWESST Micro Systems Inc.)(Exact name of Registrant as specified in its charter) British Columbia(Jurisdiction of incorporation or organization) 80 Hines Rd,Suite 300,Ottawa,Ontario,K2K 2T8(Address of principal executive offices) Jennifer Welsh, (613)241-1849, welsh@defsectec.com80 Hines Rd,Suite 300,Ottawa,Ontario,K2K 2T8(Name, Telephone, E-Mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Name of each exchange on whichregisteredNasdaqCapital MarketNasdaq Capital Market DFSCDFSCW Common Shares, no par valueWarrants Securities registered or to be registered pursuant to Section 12(g) of the Act: N/A Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the periodcovered by the annual report:1,579,174 If this report is an annual or transition report, indicate by check mark if the Company is not required to file reports pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934. Yes☐No☒ Indicate by check mark whether the Company (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or such shorter period that the Company was required to file such reports), and(2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the Company has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theCompany was required to submit and post such files).Yes☒No☐ Indicate by check mark whether the Company is a large accelerated filer, an accelerated filer, a non-accelerated filer or an emerginggrowth company. See the definitions of "large accelerated filer," "accelerated filer," and "emerging growth company" in Rule 12b-2 ofthe Exchange Act. If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if theregistrant has elected not to use the extended transition period for complying with any new or revised financial accounting standardsprovided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive- basedcompensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark which basis of accounting the Company has used to prepare the financial statements included in this filing: U.S. GAAP☐International Financial Reporting Standardsas issued By the International AccountingStandards Board☐Other☐ If "Other" has been checked in response to previous question, indicate by check mark which financial statement item the Company haselected to follow. Item 17☐Item 18☐ If this is an annual report, indicate by check mark whether the Company is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐No☑ EXPLANATORY NOTE This Amendment No. 1 to the Annual Report on Form 20-F (the "Amendment") is being filed by DEFSEC Technologies Inc. (formerlyKWESST Micro Systems Inc.) (the "Company") to amend the Company's Annual Report on Form 20-F for the fiscal year endedSeptember 30, 2024, originally filed with the U.S. Securities Exchange Commission on December 30, 2024 (the "Original Filing"). The Company is filing this Amendment to amend Item 16G. Item 16G is hereby amended to clarify that we have elected to follow ourhome country practice under theBusi