VisionWave Holdings to Acquire 51% Stake in SaverOne in $7 Million Equity Deal

Reuters
Jan 30
VisionWave Holdings to Acquire 51% Stake in SaverOne in $7 Million Equity Deal

VisionWave Holdings Inc. has entered into a strategic exchange agreement with Israeli technology firm SaverOne 2014 Ltd. in a three-stage deal valued at $7.0 million in staged equity consideration. The agreement could result in VisionWave ultimately controlling approximately 51% of SaverOne on a fully diluted basis, contingent on milestone achievements and shareholder approval. The transaction structure received unanimous approval from both companies' boards, following an independent fairness opinion provided by BDO Consulting Group.

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