DealsMay 21, 2026, 08:07 AM
VisionWave Holdings in Share Exchange with T3 Defense Inc. for $2.66M
AI Summary
VisionWave Holdings, Inc. announced it entered into a Share Exchange and Swap Agreement with T3 Defense Inc., a Nasdaq-listed company, on May 17, 2026. Pursuant to the agreement, VisionWave Holdings issued 475,492 newly issued shares of its common stock, valued at approximately $2.658 million, to T3 Defense Inc. In return, VisionWave Holdings received 6,000,000 newly issued shares of T3 Defense Inc. common stock. The shares issued by VisionWave Holdings are restricted securities.
Key Highlights
- VisionWave Holdings entered a Share Exchange and Swap Agreement with T3 Defense Inc. on May 17, 2026.
- VisionWave Holdings issued 475,492 new common shares to T3 Defense Inc.
- The VWAV Exchange Shares were valued at $5.590 per share, totaling approximately $2.658 million.
- In exchange, VisionWave Holdings received 6,000,000 newly issued shares of T3 Defense Inc. common stock.
- The VWAV Exchange Shares are restricted securities under Rule 144 and exempt from registration under Section 4(a)(2).
Price Impact
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