On March 18, 2026, VisionWave Holdings, Inc. announced the acquisition of 100% of the issued and outstanding shares of VisionWave IL Ltd., an Israeli private limited company, for nominal consideration. This strategic move is expected to enhance VisionWave's operational capabilities and market presence in the region. Following the acquisition, VisionWave Israel appointed Khdoura Sabbagh as its Chief Executive Officer and sole director. Mr. Sabbagh will receive an annual base salary of $150,000 and is eligible for options to purchase 2,000,000 shares of VisionWave's common stock, subject to vesting and the terms of the company's equity incentive plan. The agreement includes standard provisions regarding duties, confidentiality, intellectual property, and termination. Additionally, VisionWave Israel has entered into a Consulting Agreement with CO-Finance Financial and Accounting Consulting Ltd., which will provide financial and accounting services to the company. The consultant will receive monthly compensation of NIS 12,000 plus VAT, structured as an independent contractor arrangement. This acquisition and leadership change are anticipated to positively impact VisionWave's growth trajectory and operational efficiency.

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