Bannix Acquisition Corp Stock Price, News & Analysis

Bannix Acquisition Corp (BNIX) has announced a one-month extension to complete its initial business combination, moving the deadline from April 14, 2025 to May 14, 2025. This decision follows stockholder approval received on March 7, 2025, which amended the company's Certificate of Incorporation to allow up to three one-month extensions until June 14, 2025.

As part of this twenty-sixth extension, the company's sponsor, Instant Fame , will deposit into the trust account a loan amount equal to the lesser of $25,000 or $0.05 per non-redeemed share. This extension was implemented following the board's approval on April 11, 2025, at the sponsor's request.

Bannix Acquisition Corp (BNIX) has announced its board's decision to extend the deadline for completing its initial business combination. The extension moves the deadline from March 14, 2025 to April 14, 2025.

This extension follows a special stockholders' meeting on March 7, 2025, where shareholders approved an amendment to the company's Certificate of Incorporation allowing up to three one-month extensions until June 14, 2025. The company's sponsor, Instant Fame , will provide a loan to the trust account of either $25,000 or $0.05 per non-redeemed share, whichever is less.

VisionWave Technologies is preparing to go public through a merger with Bannix Acquisition Corp (NASDAQ: BNIX) amid rising global defense spending, which reached $2.46 trillion in 2024. The company specializes in AI-driven defense solutions with a three-pronged strategy: technology licensing, direct product sales, and strategic partnerships.

VisionWave's technology portfolio includes:

• Event-Based AI Vision Technology for tracking fast-moving objects
• CoPilot AI for autonomous drone operations
• Vision-RF for radio frequency imaging
• Advanced Remote Weapon Stations
• AI-Enabled Tactical Platforms

The company is transitioning from R&D to commercialization, with eight product lines and several at Technology Readiness Level 7 or higher. Post-merger, VisionWave will trade on NASDAQ under the symbols VWAV (common stock) and VWAVW (warrants).

Bannix Acquisition Corp (BNIX) has announced its board's decision to extend the deadline for completing its initial business combination. The extension moves the deadline from February 14, 2025 to March 14, 2025. This marks the twenty-fourth extension of the deadline.

The extension capability was approved by stockholders at an annual meeting on September 6, 2024, allowing up to six one-month extensions. As part of the extension terms, the company's sponsor, Instant Fame , will deposit into the trust account a loan amount equal to the lesser of $25,000 or $0.05 per non-redeemed share.

Bannix Acquisition Corp (NASDAQ: BNIX) and VisionWave Technologies announced the filing of a Form S-4 registration statement with the SEC for their proposed business combination. VisionWave Holdings, a wholly owned subsidiary of Bannix, filed the preliminary proxy statement/prospectus detailing the merger plans.

The merger agreement outlines that Bannix and VisionWave will merge with subsidiaries of VisionWave Holdings, making both companies direct wholly owned subsidiaries of VisionWave Holdings. Stockholders of both companies will receive shares of VisionWave Holdings common stock upon completion of the merger.

VisionWave specializes in advanced technologies for defense, surveillance, and homeland security applications. Bannix's CEO Douglas Davis expressed optimism about the partnership, highlighting the significant potential in the defense sector.

Bannix Acquisition Corp (BNIX) has announced that its board of directors has extended the deadline for completing its initial business combination by one month, from January 14, 2025, to February 14, 2025. This extension is part of a previously approved amendment that allows up to six one-month extensions until March 14, 2025.

The extension was approved by stockholders at an annual meeting on September 6, 2024. As part of the extension terms, the company's sponsor, Instant Fame , or its designees will deposit into the trust account, as a loan, either $25,000 or $0.05 for each non-redeemed share, whichever is less. This marks the twenty-third extension implemented by the board at the sponsor's request.

Bannix Acquisition Corp has announced its board's decision to extend the deadline for completing its initial business combination from December 14, 2024, to January 14, 2025. This extension is part of a previously approved amendment allowing up to six one-month extensions until March 14, 2025. The extension requires Instant Fame , Bannix's sponsor, to deposit into the trust account either $25,000 or $0.05 per non-redeemed share, whichever is lesser. This marks the twenty-second extension implemented by the board at the sponsor's request.

Bannix Acquisition Corp. announced that its board of directors has extended the deadline for completing its initial business combination from November 14, 2024 to December 14, 2024. This extension is part of a previously approved amendment allowing up to six one-month extensions until March 14, 2025. For each extension, the sponsor Instant Fame will deposit into the trust account a loan of either $25,000 or $0.05 per non-redeemed share, whichever is less. This marks the twenty-first extension of the deadline.

Bannix Acquisition Corp. (BNIX) has announced a one-month extension to complete its initial business combination. The board of directors has extended the deadline from October 14, 2024, to November 14, 2024. This decision follows a stockholder vote on September 6, 2024, approving an amendment to allow up to six one-month extensions until March 14, 2025.

As part of this extension, the company's sponsor, Instant Fame , will deposit into the trust account a loan amount equal to the lesser of $25,000 or $0.05 per non-redeemed share. This marks the twentieth extension implemented by the board at the sponsor's request.