secwatch.observer — SEC 8-K summary
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Issuer:     VisionWave Holdings, Inc. (VWAV)
CIK:        0002038439
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001731122-25-001234
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VisionWave raises $2M immediate convertible note, additional $2M upon S-1 effectiveness
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/0001731122-25-001234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2038439/000173112225001234/e6843_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-25-001234

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer