VisionWave issues 2 million unregistered shares to Hen Basketball Haifa Club in private placement
VWAV•Private placement shares issued for sponsorship agreement
VisionWave entered a private placement on Aug. 5, 2026, issuing 2 million restricted common shares to Hen Basketball Haifa Club.
Shares were issued as consideration under a sponsorship agreement for the 2026-2027 season.
The sale relied on the Securities Act Section 4(a)(2) exemption, with no underwriters or commissions.
The stock carries a six-month Rule 144 holding period, with daily sales capped at 10% of recent average trading volume.
