VisionWave (VWAV) announced the exercise of 403,620 common-stock purchase warrants at an exercise price of $11.50 per share, generating gross proceeds of approximately $4.64M. This new capital further strengthens VisionWave’s balance sheet and enhances liquidity as the company continues to advance its defense-technology programs. The funds are expected to be received on or about October 27, under the transfer agent’s settlement schedule covering the period October 17-23.
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