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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June
29, 2026
VisionWave Holdings, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Delaware |
|
001-42741 |
|
99-5002777 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
|
300 Delaware Ave., Suite 210 # 301
Wilmington, DE. |
|
19801 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including area
code: (302) 305-4790
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol |
|
Name of each exchange on which registered |
| Common Stock, par value $0.01 per share |
|
VWAV |
|
The Nasdaq Stock Market LLC |
| Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 |
|
VWAVW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☒
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.
Item 1.01 Entry into a Material Definitive Agreement.
On June 29, 2026, VisionWave Holdings, Inc. (the “Company”
or “VisionWave”) entered into a binding Acquisition Agreement (the “Agreement”) with Meteor Aerospace Ltd. (“Meteor”),
an Israeli aerospace and defense company pursuant to which the Company agreed to acquire fifty-one percent (51%) of the issued and outstanding
share capital of Meteor, subject to the satisfaction of specified closing conditions.
Meteor is engaged in the development, manufacturing and commercialization
of aerospace and defense technologies, including unmanned aerial systems, unmanned ground systems, unmanned surface vessels, loitering
munition systems, electronic warfare technologies, command, control, communications, cyber and battlefield management systems, and related
intellectual property.
The Agreement values Meteor at a pre-money equity valuation of $40.0 million.
Subject to the satisfaction of all closing conditions, VisionWave will
acquire 51% of the issued and outstanding equity interests of Meteor for aggregate consideration having a value of approximately $20.4
million, consisting of:
● approximately $6.0 million of unrestricted shares of
VisionWave common stock; and
● approximately $14.4 million of restricted shares of
VisionWave common stock, subject to a contractual lock-up period of six months following closing.
The number of shares to be issued will be determined based upon the volume
weighted average price (“VWAP”) of VisionWave common stock during the five trading days immediately preceding the closing
date.
The closing of the transaction is expressly conditioned upon, among other
things:
● successful completion of a live flight validation of
Meteor’s Impact-700 unmanned aerial system;
● VisionWave’s satisfactory completion of legal,
financial, operational, technical, aerospace, cybersecurity, export control, intellectual property and commercial due diligence;
● satisfaction or waiver of other customary closing
conditions.
The Agreement provides that the flight validation is intended to verify
the operational integrity, engineering functionality and basic flight capability of the Meteor Impact-700 platform and is not intended
to demonstrate maximum performance specifications, commercial readiness or full operational capabilities.
Upon closing, VisionWave will obtain a controlling interest in Meteor and
will have the right to appoint three of the five directors serving on Meteor’s Board of Directors, designate the Chairman of the
Board and approve major corporate actions. All directors are required to be Israeli citizens.
The Agreement further provides for:
● a thirty-day exclusivity period during which Meteor and its
shareholders may not solicit or negotiate alternative acquisition or financing transactions, subject to limited exceptions;
● customary confidentiality obligations;
● representations and warranties regarding ownership,
intellectual property, regulatory compliance and accuracy of information;
● binding arbitration in Israel for dispute resolution; and
● the continued involvement of Meteor founder Itzhak Nissan,
former President and Chief Executive Officer of Israel Aerospace Industries Ltd., who is expected to enter into an executive
employment and/or consulting agreement at closing and serve as Chief Technology Director of Meteor for a minimum period of three
years following closing.
The Agreement contemplates that the acquisition will include Meteor’s
existing and future products, technologies, software, intellectual property, research and development activities, engineering developments,
manufacturing capabilities and related business assets, including, among others:
● Impact-700 tactical unmanned aerial vehicle;
● Impact-1400 strategic MALE unmanned aerial vehicle;
● Rambow unmanned ground vehicle;
● Orca unmanned surface vessel;
● MERLOW loitering munition system;
● electronic warfare and SIGINT technologies;
● command, control, communications, cyber and battlefield
management systems; and
● related aerospace and defense technologies.
The Company expects to utilize the acquired technologies to expand its
autonomous systems, defense technologies and integrated security solutions portfolio.
The foregoing summary of the Agreement does not purport to be complete
and is qualified in its entirety by reference to the Agreement filed as Exhibit 10.1 to this Current Report, which is incorporated herein
by reference.
Concurrently with execution of the Agreement, the Company issued a press
release announcing the transaction. A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated
herein by reference.
Item 7.01 Regulation FD Disclosure.
On June 30, 2026, the Company issued a press release announcing the execution
of the Acquisition Agreement described in Item 1.01 of this Current Report.
A copy of the press release is furnished as Exhibit 99.1.
The information furnished pursuant to this Item 7.01, including Exhibit
99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act except as expressly set forth by specific
reference in such filing.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed acquisition of Meteor
Aerospace Ltd., the anticipated benefits of the transaction, expected closing, future operations, technology integration and other future
events.
These statements are based upon current expectations and involve risks
and uncertainties that could cause actual results to differ materially, including, without limitation, the satisfaction of closing conditions,
completion of due diligence, successful completion of flight validation, regulatory approvals, integration risks and other factors described
in the Company’s filings with the Securities and Exchange Commission.
The Company undertakes no obligation to update any forward-looking statements
except as required by law.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit
No. |
Description |
| 10.1 |
Acquisition Agreement dated June 29, 2026, by and among VisionWave Holdings, Inc., Meteor Aerospace Ltd. and certain shareholders of Meteor Aerospace Ltd |
| 99.1 |
Press Release dated June 30, 2026 |
| 104 |
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 30, 2026
VISIONWAVE HOLDINGS, INC.
| By: |
/s/ Douglas Davis |
|
| Name: |
Douglas Davis |
|
| Title: |
Chief Executive Officer |
|
EXHIBIT 99.1
VisionWave Signs Definitive Agreement to Acquire
Controlling Interest in Meteor Aerospace
Proposed Acquisition Would Expand VisionWave into Advanced Unmanned
Systems, Electronic Warfare, C4ISR and National Defense Architecture Solutions
West Hollywood, Calif., June 30, 2026
– VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave”
or the “Company”),
a defense technology company developing advanced artificial intelligence, autonomous systems and next-generation security technologies,
today announced that it has entered into a definitive binding agreement to acquire a 51% controlling interest in Meteor Aerospace Ltd.,
a privately held Israeli aerospace and defense company recognized for its portfolio of advanced unmanned systems, precision defense technologies
and integrated national security solutions.
Under the agreement, Meteor Aerospace is
valued at a pre-money equity valuation of $40 million. Upon satisfaction of customary closing conditions, including successful flight
validation of Meteor’s Impact-700 unmanned aerial platform and completion of legal, financial
and technical due diligence, VisionWave will acquire 51% of Meteor through the issuance of VisionWave common stock having an aggregate
value of approximately $20.4 million.
Founded by Itzhak Nissan, former President and Chief Executive Officer
of Israel Aerospace Industries (IAI), Meteor Aerospace has developed a diversified portfolio of aerospace and defense technologies, including:
| · | Tactical and strategic unmanned aerial vehicles (UAVs); |
| · | Unmanned ground vehicles (UGVs); |
| · | Unmanned surface vessels (USVs); |
| · | Long-range precision loitering munition systems; |
| · | Electronic warfare (EW) and SIGINT technologies; |
| · | Command, Control, Communications, Cyber and Battlefield Management (C4ISR)
systems; |
| · | Integrated sovereign defense and homeland security architectures. |
Unlike traditional defense manufacturers focused on a single product category,
Meteor has positioned itself as an integrated defense technology company capable of delivering complete multi-domain operational solutions
spanning air, land, sea and electronic warfare environments.
Upon completion of the transaction, VisionWave
expects to obtain a controlling interest in Meteor Aerospace, appoint a majority of its Board of Directors and integrate Meteor’s
technologies into VisionWave’s rapidly expanding global
defense technology platform.
The agreement also provides for the continued
involvement of Meteor founder Itzhak Nissan, who is expected to continue leading Meteor’s technological
activities following closing as Chief Technology Director.
Douglas Davis, Executive Chairman and Chief Executive Officer of VisionWave,
stated:
“This
agreement represents and the proposed transaction will represent a significant strategic milestone in VisionWave’s
history assuming we are able to close the transaction. This proposed transaction just does not represent another defense company—we
would be adding decades of aerospace engineering excellence, advanced autonomous platforms, electronic warfare capabilities, battlefield
command-and-control technologies and a highly experienced management team with an exceptional heritage in the global defense industry.”
Mr. Davis continued:
“Combined
with VisionWave’s existing artificial intelligence, advanced
sensing and defense technology initiatives, we believe this transaction has the potential to create a diversified defense technology platform
capable of addressing rapidly growing global demand for autonomous systems, integrated battlefield solutions and sovereign security modernization.”
The proposed acquisition remains subject to customary closing conditions,
including successful completion of the agreed flight validation – which is a material event, satisfactory due diligence and other
conditions contained in the definitive acquisition agreement. There can be no assurance that the transaction will be completed on the
terms described, or at all.
About VisionWave Holdings, Inc.
VisionWave
Holdings, Inc. (Nasdaq: VWAV) is a defense and advanced sensing technology company developing AI-driven, RF-based sensing, autonomy, and
computational acceleration technologies for defense, homeland security, and commercial infrastructure applications. VisionWave’s
mission is to connect defense innovation with civilian progress through shared core technologies deployed across air, land, and fixed-site
environments. The Company’s
website is https://www.vwav.inc
About Meteor Aerospace Ltd.
Meteor Aerospace
Ltd. is an Israeli aerospace and defense company specializing in advanced unmanned aerial, ground and maritime systems, electronic warfare
technologies, precision strike solutions, C4ISR systems and integrated sovereign defense architecture. The company was founded by Itzhak
Nissan, former President and Chief Executive Officer of Israel Aerospace Industries. Meteor Aerospace Ltd website is: https://www.m-aerospace.com/
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities
Exchange Act of 1934, as amended, including statements regarding the proposed acquisition by VisionWave Holdings, Inc. (“VisionWave”
or the “Company”)
of a 51% controlling interest in Meteor Aerospace Ltd. (“Meteor”);
the anticipated timing and completion of the transaction; the satisfaction of the conditions to closing, including the successful completion
of the flight validation of the Meteor Impact 700; the expected benefits, strategic rationale and synergies of the transaction; the integration
of Meteor’s products, technologies and personnel; the
Company’s future operations, growth and expansion; and
the Company’s intended use of the acquired technologies.
These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual
results to differ materially. Forward-looking statements are generally identified by words such as “believe,”
“may,” “will,”
“estimate,” “continue,”
“anticipate,” “intend,”
“expect,” “should,”
“would,” “plan,”
“project,” “forecast,”
“predict,” and
similar expressions, or by statements that events or trends “may,”
“will,” or
“could”
occur.
Forward-looking statements
are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including,
but not limited to, the failure to successfully complete the flight validation of the Meteor Impact 700, which is a binding condition
to closing; the failure to satisfy or waive the other conditions to closing, including the satisfactory completion of the Company’s
legal, financial, operational, technical, aerospace, cybersecurity, export-control, intellectual property and commercial due diligence;
the risk that the transaction is not completed on the anticipated timeline or at all; the share-based nature of the consideration, the
determination of the number of shares issuable based on the volume weighted average price of VisionWave common stock prior to closing,
and the resulting dilution to existing stockholders; risks relating to the resale of, and the contractual lock-up applicable to, the shares
to be issued; the failure to obtain required regulatory, governmental and export-control approvals under applicable U.S. and Israeli law;
risks associated with integrating Meteor’s business, technologies
and personnel; the Company’s ability to retain key personnel,
including Meteor’s founder; risks of operating in Israel
and in the global defense and aerospace industry, including geopolitical, security, regulatory and supply-chain conditions; the results
of due diligence and the accuracy of the representations made to the Company; the Company’s
need for, and ability to obtain, additional capital; and general economic, market and industry conditions, and other risks described in
the Company’s filings with the U.S. Securities and Exchange
Commission. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety
by the cautionary statements included in this press release and in the Company’s
SEC filings. VisionWave undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.
Contact: investors@vwav.inc


