debt
confidence high
sentiment negative
materiality 0.30
VisionWave issues $354K promissory notes, adopts corporate governance policies
VisionWave Holdings, Inc.
- Aggregate principal of $354,200 (net $308,000 after $46,200 OID), 12% interest, due May 15, 2026.
- Notes convertible into common stock upon default at 75% of lowest trading price in prior 10 days.
- Proceeds from the notes will be used for general working capital purposes.
- Board adopted Equity Award Policy, Code of Ethics, Insider Trading Policy (July 16, 2025), and Compensation Recovery Policy (effective May 29, 2025).
item 8.01item 9.01