VisionWave Holdings, Inc. Q2 2025 10-Q Filing
Ticker: VWAVW · Form: 10-Q · Filed: Aug 19, 2025 · CIK: 2038439
Sentiment: neutral
Topics: 10-Q, quarterly-report, sec-filing
TL;DR
VWAV filed its 10-Q for Q2 2025. All systems go.
AI Summary
VisionWave Holdings, Inc. filed its 10-Q for the period ended June 30, 2025. The company is incorporated in Delaware and its principal executive offices are located at 300 Delaware Ave., Suite 210 #301, Wilmington, DE 19801. Its common stock trades under the symbol VWAV on The Nasdaq Stock Market LLC.
Why It Matters
This filing provides an update on VisionWave Holdings, Inc.'s financial performance and operational status for the second quarter of 2025, which is crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags or significant negative developments.
Key Players & Entities
- VisionWave Holdings, Inc. (company) — Registrant
- June 30, 2025 (date) — Quarterly period ended
- Delaware (location) — State of incorporation
- 001-72741 (other) — Commission File Number
- 99-5002777 (other) — I.R.S. Employer Identification No.
- 300 Delaware Ave., Suite 210 # 301, Wilmington, DE 19801 (address) — Address of Principal Executive Offices
- (302) 305-4790 (phone_number) — Registrant's telephone number
- VWAV (ticker) — Common Stock Trading Symbol
- The Nasdaq Stock Market LLC (company) — Exchange where Common Stock is registered
- VWAVW (ticker) — Warrants Trading Symbol
FAQ
What is the primary purpose of this Form 10-Q filing?
The primary purpose of this Form 10-Q filing is to provide a quarterly report of VisionWave Holdings, Inc.'s financial performance and operational status for the period ended June 30, 2025.
Under which stock exchange does VisionWave Holdings, Inc. trade its common stock?
VisionWave Holdings, Inc.'s common stock trades under the symbol VWAV on The Nasdaq Stock Market LLC.
What is the registered address of VisionWave Holdings, Inc.'s principal executive offices?
The registered address of VisionWave Holdings, Inc.'s principal executive offices is 300 Delaware Ave., Suite 210 # 301, Wilmington, DE 19801.
What is the Commission File Number for VisionWave Holdings, Inc.?
The Commission File Number for VisionWave Holdings, Inc. is 001-72741.
Does VisionWave Holdings, Inc. have any registered warrants, and if so, what is their trading symbol?
Yes, VisionWave Holdings, Inc. has registered warrants with the trading symbol VWAVW on The Nasdaq Stock Market LLC.
Filing Stats: 4,662 words · 19 min read · ~16 pages · Grade level 14.9 · Accepted 2025-08-19 16:33:34
Key Financial Figures
- $0.01 — ,424 shares of common stock, par value $0.01 per share, were issued and outstanding.
- $10.37 — s a result, $ 41,077,199 (approximately $10.37 per share) was removed from the Company
- $10.95 — s a result, $ 15,134,429 (approximately $10.95 per share) was removed from the Company
- $0.05 — e Trust Account, as a loan, $ 16,237 or $0.05 per public share multiplied by the numb
- $11.18 — s a result, $ 13,790,479 (approximately $11.18 per share) was removed from the Company
- $11.43 — As a result, $ 2,573,762 (approximately $11.43 per share) was removed from the Company
Filing Documents
- e6773_10q.htm (10-Q) — 874KB
- e6773_ex10-13.htm (EX-10.13) — 70KB
- e6773_ex10-14.htm (EX-10.14) — 10KB
- e6773_ex31-1.htm (EX-31.1) — 12KB
- e6773_ex31-2.htm (EX-31.2) — 12KB
- e6773_ex32-1.htm (EX-32.1) — 6KB
- e6773_ex32-2.htm (EX-32.2) — 6KB
- ex10-14_001.jpg (GRAPHIC) — 1246KB
- ex10-14_002.jpg (GRAPHIC) — 1148KB
- ex10-14_003.jpg (GRAPHIC) — 1409KB
- ex10-14_004.jpg (GRAPHIC) — 1203KB
- ex10-14_005.jpg (GRAPHIC) — 1489KB
- ex10-14_006.jpg (GRAPHIC) — 1645KB
- ex10-14_007.jpg (GRAPHIC) — 1355KB
- ex10-14_008.jpg (GRAPHIC) — 1533KB
- ex10-14_009.jpg (GRAPHIC) — 1458KB
- ex10-14_010.jpg (GRAPHIC) — 1209KB
- ex10-14_011.jpg (GRAPHIC) — 1231KB
- ex10-14_012.jpg (GRAPHIC) — 388KB
- ex10-14_013.jpg (GRAPHIC) — 139KB
- ex10-14_014.jpg (GRAPHIC) — 616KB
- 0001731122-25-001156.txt ( ) — 26692KB
- vwav-20250630.xsd (EX-101.SCH) — 39KB
- vwav-20250630_cal.xml (EX-101.CAL) — 37KB
- vwav-20250630_def.xml (EX-101.DEF) — 162KB
- vwav-20250630_lab.xml (EX-101.LAB) — 271KB
- vwav-20250630_pre.xml (EX-101.PRE) — 254KB
- e6773_10q_htm.xml (XML) — 637KB
Financial Information
Part I. Financial Information 3
Financial Statements
Item 1. Financial Statements Condensed Consolidated Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024 3 Unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 2024 4 Unaudited Condensed Consolidated Statements of Changes in Stockholders' Deficit for the three and six months ended June 30, 2025 and 2024 5 Unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2024 6 Notes to Unaudited Condensed Consolidated Financial Statements 7
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 36
Quantitative and Qualitative Disclosures Regarding Market Risk
Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk 49
Controls and Procedures
Item 4. Controls and Procedures 49
Other Information
Part II. Other Information 51
Legal Proceedings
Item 1. Legal Proceedings 51
Risk Factors
Item 1A. Risk Factors 51
Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities 52
Defaults Upon Senior Securities
Item 3. Defaults Upon Senior Securities 54
Mine Safety Disclosures
Item 4. Mine Safety Disclosures 54
Other Information
Item 5. Other Information 54
Exhibits
Item 6. Exhibits 55
Signatures
Part III. Signatures 56 2
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION VISIONWAVE HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2025 December 31, 2024 (Unaudited) Assets Current Assets: Cash $ 885 $ 9,754 Prepaid expense and other 3,930 3,930 Total Current Assets 4,815 13,684 Cash held in Trust Account 1,168,644 3,749,377 Total Assets $ 1,173,459 $ 3,763,061 Liabilities, Redeemable Common Stock and Stockholders' Deficit Current liabilities: Accounts payable and accrued expenses $ 1,265,056 $ 969,883 Income taxes payable 955,887 888,426 Excise tax payable 913,292 750,608 Promissory notes - Evie 1,003,995 1,003,995 Due to related parties 2,153,962 1,811,700 Total Current Liabilities 6,292,192 5,424,612 Warrant liability 25,984 12,180 Redemptions payable 972,722 — Deferred underwriters' discount 225,000 225,000 Total Liabilities 7,515,898 5,661,792 Commitments and Contingencies Common stock subject to possible redemption 16,353 and 324,748 at redemption value on June 30, 2025 and December 31, 2024, respectively 608,298 4,084,139 Stockholders' Deficit Preferred stock, $ 0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding — — Common stock, par value $ 0.01 ; authorized 100,000,000 shares; issued 4,061,166 and 4,286,248 shares; and outstanding 2,524,000 and 2,524,000 shares (excluding 16,353 and 324,748 shares subject to redemption and 1,437,500 Treasury Stock shares) on June 30, 2025 and December 31, 2024, respectively 39,615 39,615 Additional paid-in capital — — Accumulated deficit ( 6,975,977 ) ( 6,008,110 ) Less Treasury Stock; at cost; 1,437,500 common shares ( 14,375 ) ( 14,375 ) Total Stockholders' Deficit ( 6,950,737 ) ( 5,982,870 ) Total Liabilities, Redeemable Common Stock and Stockholders' Deficit $ 1,173,459 $ 3,763,061 The accompanying notes are an integral part of these unaudited cond