VisionWave Holdings Inc. Defers $3 Million in Obligations to Support Financing Efforts

Reuters
31 May
VisionWave Holdings Inc. Defers $3 Million in Obligations to Support Financing Efforts

VisionWave Holdings Inc., a wholly owned subsidiary of Bannix Acquisition Corp., recently entered into deferment agreements with various creditors, including affiliated entities and former service providers. These agreements, executed on May 25, 2025, aim to support the company's efforts to meet liquidity and alignment requirements for a potential financing transaction. The deferred obligations amount to approximately $3,023,195, which includes debts to affiliated entities and insiders, as well as Evie Autonomous Ltd. Payments will only be made once any prepaid advance related to the proposed financing transaction is repaid in full. These deferments are part of a coordinated strategy to prioritize VisionWave's launch and operations following a planned business combination with VisionWave Technologies Inc. No securities were issued in these agreements, and VisionWave retains the discretion over future payments, contingent upon the outlined conditions.

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