VisionWave (VWAV) Holdings 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. The financing consists of a senior promissory note in the principal amount of $20 million. Key terms include: 12-month maturity; 0% interest rate; 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 agreement.
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