VisionWave sub SolarDrone acquires 51% of Junko Solar for $204K; appoints Amos Cohen CEO

VisionWave Holdings, Inc.

SolarDrone to buy 51% stake in Junko Solar for $204K; pre-money valuation $400K.
Payment in three equal installments of $68K; first due at signing, then two at 35-day intervals.
Amos Cohen appointed CEO and director of SolarDrone, will receive consulting fee of 50,000 NIS/month.
Junko Solar's panel cleaning and maintenance operations to be integrated into SolarDrone.
VisionWave says deal expands SolarDrone's solar infrastructure service capabilities.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VisionWave Holdings, Inc. entered into Consulting and Share Purchase Agreement with Mr. Amos Cohen (controlling shareholder of Junko Solar Ltd.) valued at aggregate purchase price of $204,000 (effective 2026-03-11).

Action: entry
Agreement: asset purchase
Counterparty: Mr. Amos Cohen (controlling shareholder of Junko Solar Ltd.)
Value: aggregate purchase price of $204,000
Effective: 2026-03-11

Exact text from the filing

On March 11, 2026, SolarDrone Ltd. (“SolarDrone”), an Israeli subsidiary of VisionWave Holdings, Inc. (Nasdaq: VWAV) (the “Company”), entered into a Consulting and Share Purchase Agreement (the “Agreement”) with Mr. Amos Cohen, the controlling shareholder of Junko Solar Ltd., an Israeli company engaged in solar panel maintenance and cleaning services.

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Source: SEC EDGAR

accession 0001731122-26-000412

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