{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-25-001234","form_type":"8-K","ticker":"VWAV","cik":"0002038439","company_name":"VisionWave Holdings, Inc.","filed_at":"2025-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.890877+00:00","generated_at":"2026-05-17T06:47:33.129452+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"VisionWave raises $2M immediate convertible note, additional $2M upon S-1 effectiveness","bullets":["Received $2M second tranche under SEPA via convertible note (Second Note) at 94% of principal ($1.88M net).","Second Note matures 9/11/2026, 6% interest (18% default), convertible at lower of $10.00 or 93% VWAP floor $1.00.","Additional $2M New Note to be issued upon registration statement effectiveness; 12% interest, 12-month maturity, monthly $200K installments.","Investor granted 12-month right of first refusal on future financings; registration condition for second tranche waived."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-25-001234","json":"https://secwatch.observer/filing/0001731122-25-001234.json","markdown":"https://secwatch.observer/filing/0001731122-25-001234.md","text":"https://secwatch.observer/filing/0001731122-25-001234.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/0001731122-25-001234-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/e6843_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:47:33.129452+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"041c79c605d589882f039837f55eece3a4f22824","claim":"VisionWave Holdings, Inc. incurred convertible notes of $2,000,000 with YA II PN, Ltd. at 12% per annum (increasing to 18% upon an event of default) maturing 12 months from issuance date (approximately September 2026).","evidence_excerpt":"the Investor agreed to fund an additional $2,000,000 in principal amount (the \"Additional Advance\") under the terms of a new convertible promissory note in the principal amount of $2,000,000 (the \"New Note\"","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/0001731122-25-001234-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$2,000,000"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Rate","value":"12% per annum (increasing to 18% upon an event of default)"},{"label":"Maturity","value":"12 months from issuance date (approximately September 2026)"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c50ce197e741a12535a835710df53ef2feb5bf60","claim":"VisionWave Holdings, Inc. incurred convertible notes of $2,000,000 with YA II PN, Ltd. at 6% per annum (increasing to 18% upon an event of default) maturing September 11, 2026.","evidence_excerpt":"the Investor advanced the second tranche of the Pre-Paid Advance in a principal amount of $2,000,000 (the \"Second Pre-Paid Advance\") on September 11, 2025, in connection with the issuance by the Company of a convertible promissory note in the principal amount of $2,000,000 (the \"Second Note\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/0001731122-25-001234-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$2,000,000"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Rate","value":"6% per annum (increasing to 18% upon an event of default)"},{"label":"Maturity","value":"September 11, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c9a00b36b423d026388925ae6294db4184f0b881","claim":"VisionWave Holdings, Inc. issued convertible note to YA II PN, Ltd. for purchase price for the New Note will be $1,880,000.","evidence_excerpt":"condition precedent set forth in the SEPA relating to the effectiveness of a registration statement for the Second Pre-Paid Advance. The purchase price for the Second Note is $1,880,000 (94% of the principal amount, reflecting a 6% discount). In addition, pursuant to the Letter Agreement, the Investor agreed to fund an additional $2,000,000 in principal amount","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/0001731122-25-001234-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Purchaser","value":"YA II PN, Ltd."},{"label":"Consideration","value":"purchase price for the New Note will be $1,880,000"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}