secwatch.observer — SEC 8-K summary
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Issuer:     VisionWave Holdings, Inc. (VWAV)
CIK:        0002038439
Form:       8-K
Filed at:   2026-09-14T21:01:50+00:00
Accession:  0001731122-26-001239
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VisionWave closes $5M convertible debenture second closing; warrant repriced to $1.50
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- Issued $5M convertible debenture (VWAV-5) at 100% of face; no cash proceeds, entire amount applied to repay February Note principal.
- February Note balance reduced from $7,469,178.42 to $2,469,178.42; remaining installments of $823,059 due Oct 26, Nov 26, and Dec 26, 2026.
- February Warrant exercise price cut from $9.00 to $1.50 per share, subject to Nasdaq 5635 cap until stockholder approval.
- First installment on debentures deferred to Jan 30, 2027; debenture bears 5% interest, matures July 20, 2027. Conversion at floor $0.702 could issue up to 7.1M shares.
- Company to hold stockholder meeting within 60 days to seek approval for issuances exceeding Nasdaq cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2038439/000173112226001239/0001731122-26-001239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2038439/000173112226001239/e7941_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-001239

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