VWAV · VisionWave Holdings, Inc.

On May 12, 2026, VisionWave Israel Ltd., a wholly owned subsidiary of VisionWave Holdings Inc., entered into a definitive Share Purchase and Shareholders Agreement to acquire a 60% controlling stake in two Israeli corporations: VIP Lux Travel Ltd. and PKLST Tourism and Leisure Ltd. The aggregate transaction value is up to approximately 15 million NIS, payable in 513,752 shares of VisionWave common stock valued at roughly $3 million (implied price of $6.02 per share). The agreement is subject to several conditions precedent, including completion of legal, financial, and operational due diligence, receipt of corporate and regulatory approvals, applicable tax rulings in Israel, and execution of final ancillary closing documents. Until these conditions are satisfied or waived, there is no assurance the acquisition will close. The company intends to evaluate strategic opportunities related to the target companies' operations and potential integration into VisionWave's broader international business activities. This transaction represents a significant strategic move for VisionWave, expanding its footprint into the travel and tourism sector, but carries execution risk given the multiple conditions and regulatory hurdles.