Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Item 1.01. Entry into a Material Definitive Agreement. On August 5, 2026, VisionWave Holdings, Inc. (the “Company”) entered into a Sponsorship Agreement (the “Sponsorship Agreement”) with Hen Basketball Haifa Club, a registered association organized under the laws of the State of Israel (the “Club”), a professional basketball club competing in the Israeli basketball leagues.…
Filed Aug 10, 2026Accepted Aug 10, 2026, 5:01 PM EDTCIK 2038439Accession 0001731122-26-001032
VisionWave Holdings, Inc. (the “Company,” “VisionWave,” “we,” “us,” or “our”) is a Delaware corporation formed on September 4, 2024, with principal executive offices located at 300 Delaware Avenue, Suite 210 #301, Wilmington, Delaware 19801. Our common stock trades on The Nasdaq Global Market under the symbol “VWAV,” and our publicly traded warrants trade under the symbol “VWAVW.” We maintain a website at www.vwav.inc, where additional information about our business can be found. The information contained on, or that can be accessed through, our website is not incorporated by reference into, and is not a part of, this prospectus.
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement.
On August 5, 2026, VisionWave Holdings, Inc. (the
“Company”) entered into a Sponsorship Agreement (the “Sponsorship Agreement”) with Hen Basketball Haifa Club,
a registered association organized under the laws of the State of Israel (the “Club”), a professional basketball club competing
in the Israeli basketball leagues. Pursuant to the Sponsorship Agreement, the Company will serve as the main sponsor of the Club for the
2026 - 2027 basketball season, and will receive sponsorship and promotional rights that include, among other things, display of the
Company’s logo on the Club’s official playing jerseys, use of the Company’s logo on the Club’s official marketing
materials, website and social media channels, and acknowledgment of the Company as the Club’s main sponsor in official publications
and sponsor listings. The Sponsorship Agreement remains in effect until the conclusion of the 2026 - 2027 basketball season, unless
earlier terminated in accordance with its terms.
As consideration for the sponsorship rights granted
to the Company, the Company agreed to issue to the Club 2,000,000 newly issued shares of the Company’s common stock, par value $0.01
per share (the “Shares”).
The Shares will constitute “restricted securities”
within the meaning of Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), will bear a customary
restrictive legend, and will be subject to a six-month holding period under Rule 144. Following expiration of the applicable holding period,
the Club may not sell, on any single trading day, a number of Shares exceeding ten percent (10%) of the average daily trading volume of
the Company’s common stock for the ten (10) trading days preceding the date of such sale. The Club has no registration rights with
respect to the Shares, and has agreed not to engage in any short sales of, or hedging or derivative transactions with respect to, the
Company’s common stock while it holds any Shares.
The Sponsorship Agreement contains customary representations,
warranties and covenants of the parties. Either party may terminate the Sponsorship Agreement upon an uncured material breach by the other
party, and the Company may terminate the Sponsorship Agreement with immediate effect in the event of conduct by the Club that brings,
or is reasonably likely to bring, the Company into public disrepute. If the Sponsorship Agreement is terminated by the Company prior to
the conclusion of the 2026 - 2027 season as a result of the Club’s material breach or such conduct, the Club is required to
return to the Company a pro-rata portion of the Shares corresponding to the unexpired portion of the term (or to pay the Company the value
thereof).
The foregoing description of the Sponsorship Agreement
does not purport to be complete and is qualified in its entirety by reference to the full text of the Sponsorship Agreement, a copy of
which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02. Unregistered Sales of Equity Securities.
The information set forth in Item 1.01 of this Current
Report on Form 8-K is incorporated by reference into this Item 3.02. The Shares will be issued to the Club in a private placement, without
registration under the Securities Act, in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities
Act for transactions by an issuer not involving a public offering, based in part upon the representations, warranties and covenants of
the Club set forth in the Sponsorship Agreement, including that the Club is acquiring the Shares for its own account for investment purposes
and not with a view to distribution. The offer and sale of the Shares were made without any general solicitation or advertising, and no
underwriters or placement agents were involved and no commissions were paid in connection with the issuance of the Shares. The Shares
have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act.
Cautionary Note Regarding 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 and Section 21E of the Securities Exchange Act of
1934, as amended, including statements regarding the sponsorship relationship with the Club, the anticipated benefits of the Sponsorship
Agreement and the issuance of the Shares. 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 parties’ ability to realize the expected benefits of the sponsorship relationship,
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 Current Report and are expressly qualified in their entirety by the cautionary statements included herein
and in the Company’s SEC filings. The Company 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.