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Mar 2, 2026 8:10 AM

VisionWave Holdings Closes and Funds $20 Million Senior Financing

WEST HOLLYWOOD, Calif., March 02, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (NASDAQ:VWAV) ("VisionWave" or the "Company"), a defense technology and advanced sensing platform company, today announced that it has closed and funded a $20 million senior loan financing. The transaction closed on February 27, 2026, and the Company has received the net proceeds from the financing.

Financing Overview

The financing consists of a senior promissory note in the principal amount of $20 million. Key terms include:

12-month maturity

0% interest rate (increasing to 18% upon an event of default)

15% original issue discount

Monthly amortization payments beginning 60 days after issuance

Optional redemption rights at a premium

In connection with the financing, the Company issued a five-year warrant to purchase 1,333,333 shares of its common stock at an exercise price of $9.00 per share. The obligations under the note are guaranteed by the Company's subsidiaries pursuant to a global guaranty ...