secwatch.observer — SEC 8-K summary
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Issuer:     VisionWave Holdings, Inc. (VWAV)
CIK:        0002038439
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001731122-26-000319
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VisionWave secures $20M senior loan with 15% OID, issues warrant for 1.33M shares
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- Senior loan of $20M from YA II PN, Ltd.; net proceeds ~$16.975M after 15% OID and $25K structuring fee.
- 0% interest (18% on default), 12-month maturity, monthly amortization of $2.5M principal plus 2% premium starting day 60.
- Issued warrant for 1,333,333 shares at $9.00/share, 5-year term; registration rights granted for warrant shares.
- First Amendment to SPA makes acquisition of Israeli company conditional on Belrise JV agreements; closing deferred to June 30, 2026.
- Covenants restrict variable rate transactions, new debt, and related-party payments until loan is repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2038439/000173112226000319/0001731122-26-000319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2038439/000173112226000319/e7379_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000319

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