VisionWave to effect 1-for-20 reverse stock split effective Sept 22 to maintain Nasdaq $1 bid compliance

VisionWave Holdings, Inc.

1-for-20 reverse stock split effective 12:01 a.m. ET on Sept 22, 2026; trading begins split-adjusted at Nasdaq open under VWAV.
Outstanding shares drop from ~47.5M to ~2.4M; new CUSIP 927950204; no fractional shares — rounded up to next whole share.
Reverse split aims to meet Nasdaq $1.00 minimum bid price under Listing Rule 5450(a)(1) for continued listing.
Public warrants become exercisable for 1/20 share; exercise price adjusted to $230.00 per whole share.
Board set 1-for-20 ratio Sept 3 after stockholder approval Sept 1; Certificate of Amendment filed in Delaware Sept 16, 2026.

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