VisionWave Plunges 10.09% Post-Merger

On July 16, 2025, VisionWave's stock experienced a significant drop of 10.09% in pre-market trading, marking a notable decline in its share price.

VisionWave Holdings Inc. has recently completed a merger with Bannix Acquisition Corp., leading to the commencement of trading on the Nasdaq Global Market. The combined company's shares began trading under the ticker symbol "VWAV" on July 15, 2025, with warrants trading under "VWAVW." This merger has provided VisionWave with $33.5 million in total consideration, enhancing its credibility and funding flexibility, which are crucial for scaling its operations in the defense AI sector.

The merger has been a significant milestone for VisionWave, as it transitions from a private entity to a publicly traded company. This move is expected to bring greater transparency and liquidity to its shareholders, while also providing the company with access to capital markets for future growth initiatives. The successful listing on Nasdaq underscores VisionWave's commitment to innovation and its strategic vision in the aerospace and defense industry.