DealsJul 30, 2026, 07:06 AM
VisionWave Holdings Extends Share Purchase Agreement Deadlines to Dec 31
AI Summary
VisionWave Holdings, Inc. entered into a Side Letter on July 28, 2026, with Matania Moskovich and C.M. Composite Materials Ltd. This agreement retroactively extends the Belrise Long-Stop Date from March 31, 2026, to December 31, 2026, and the Outside Closing Date for the share purchase agreement from June 30, 2026, to December 31, 2026. The extensions prevent the termination of the Investment and Share Purchase Agreement due to the original deadlines passing, while the Belrise Condition remains a prerequisite for closing.
Key Highlights
- Side Letter signed on July 28, 2026, with Matania Moskovich and C.M. Composite Materials Ltd.
- Belrise Long-Stop Date extended from March 31, 2026, to December 31, 2026, retroactively.
- Outside Closing Date extended from June 30, 2026, to December 31, 2026, retroactively.
- Extensions prevent termination of the Share Purchase Agreement based on original deadlines.
- Company can terminate if Belrise Condition is not satisfied or waived by December 31, 2026.
- Belrise Condition remains a prerequisite for the closing of the share purchase.
Price Impact
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