Bannix Acquisition Completes Merger with VisionWave Technologies

Bannix Acquisition and VisionWave Technologies have completed their business combination, resulting in the formation of VisionWave Holdings, VisionWave Technologies said late Monday. The combined company's common shares and warrants will begin trading on Nasdaq on Tuesday, under the tickers VWAV and VWAVW, respectively.

Bannix Acquisition Corp. Announces New Board Composition and Committee Leadership Ahead of VisionWave Technologies Merger

Bannix Acquisition Corp. has announced changes to its Board of Directors and committee leadership in preparation for its merger with VisionWave Technologies, Inc. The new board will consist of five members, with Eric T. Shuss chairing the Nominating and Corporate Governance and Compensation Committees, and Haggai Ravid chairing the Audit Committee. These changes will take effect after the business combination is completed.

Bannix Acquisition Corp. Conducted Special Stockholder Meeting

Bannix Acquisition Corp. Conducted Special Stockholder Meeting Bannix Acquisition Corp. held a special meeting of stockholders on May 22, 2025. During the meeting, several proposals were presented and approved. The proposals included the approval of the Merger Agreement, the Stock Issuance Proposal for the issuance of shares of VisionWave Common Stock, and the 2024 Incentive Equity Plan.

Bannix Acquisition | 10-Q: FY2025 Q1 EPS: USD -0.15

Bannix Acquisition Corp. extends initial business combination deadline to June 14, 2025, from May 14, 2025.

Headquartered in Wilmington, Delaware, Bannix Acquisition Corp. has recently disclosed that their Board of Directors has opted to push back the deadline for completing an initial business combination. Originally set for May 14, 2025, the new deadline has been extended by a month to June 14, 2025. This decision provides them with added time to finalize the critical transaction.