leadership
confidence high
sentiment neutral
materiality 0.60
VisionWave adopts 2025 omnibus plan (7M shares); enters employment agreements with CEO, Executive Chairman, CTO
VisionWave Holdings, Inc.
- Plan authorizes up to 7,000,000 common shares; subject to shareholder approval within 12 months.
- Employment agreements: Davis (Exec Chairman) and Kenig (CEO) each get $150k salary, options for 2M shares at $7.20.
- Rittman (CTO) gets $120k base salary and options for 500k shares at $7.20.
- Salaries increase to $300k/$600k upon revenue milestones of $3M/$6M in a 90-day period.
- Severance: termination without cause entitles each to greater of $600k or 2x base salary.
item 5.02item 9.01