VisionWave signs term sheet for 51% effective interest in Israel Tier IV data center; $40M share consideration

VisionWave Holdings, Inc.

Term sheet with Lucky Whale Production for joint venture to develop Tier IV data center in Beth Shemesh, Israel.
VisionWave would hold 68% of Joint Company, which owns 75% of project SPV, resulting in ~51% effective interest.
Consideration: ~$40M in VisionWave common stock (all-share, no cash); issuance subject to stockholder and Nasdaq approvals.
Phase 1 targets 15,000 sqm, 10.5 MW IT load, Tier IV certification; underground hardened structure.
Transaction not definitive; subject to due diligence, definitive agreements, and regulatory approvals.

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