m_and_a
confidence high
sentiment neutral
materiality 0.70
VisionWave acquires 51% of C.M. Composite Materials for $2.5M in stock plus up to $5M loan
VisionWave Holdings, Inc.
- Acquires 51% of C.M. Composite Materials Ltd. for 250,000 shares ($2.5M) from Matania Moskovich.
- Provides secured loan facility up to $5M; initial $1.5M advance due within 10 business days of Feb 20, 2026.
- Call option to buy remaining 49% at up to $50M valuation; exercisable with seller's consent.
- Transaction is private placement; shares are restricted, no registration rights beyond agreement.
- Prior advances of $1.1M made in Dec 2025 and Jan/Feb 2026 under a separate promissory note.