secwatch.observer — SEC 8-K summary
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Issuer:     VisionWave Holdings, Inc. (VWAV)
CIK:        0002038439
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001731122-25-001035
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud

VisionWave Holdings enters into $50M Standby Equity Purchase Agreement with YA II PN
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- Up to $50 million of common stock may be sold to YA II PN under the SEPA at 97% of lowest daily VWAP over 3 days.
- YA II PN advanced $3 million as a convertible promissory note on July 25, 2025; $2 million more due upon SEC registration.
- Convertible notes carry 6.0% interest (18% on default), mature in 12 months, conversion price lower of $10 or 93% of 5-day VWAP (floor $1).
- VisionWave paid a $35,000 structuring fee and issued 200,000 shares as equity fee; a $500,000 commitment fee is due in two installments.
- Investor may force advances when note balance exists; the SEPA terminates after 24 months or $50 million in advances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2038439/000173112225001035/0001731122-25-001035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2038439/000173112225001035/e6737_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-25-001035

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