VisionWave acquires Solar Drone Ltd. for 1.8M shares; binding LOI signed

VisionWave Holdings, Inc.

Target: Solar Drone Ltd., wholly owned by BladeRanger Ltd. (TASE: BLRN).
Consideration: 1,800,000 shares of VisionWave common stock.
Binding LOI signed Nov 11, 2025; definitive agreement subject to due diligence and approvals.
Closing conditions include satisfactory due diligence, no material adverse change, and required approvals.
No assurance definitive agreement will be executed or transaction completed.

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