VisionWave Holdings Inc.

11/05/2025 | Press release | Distributed by Public on 11/05/2025 07:31

Material Event (Form 8-K)

Item 8.01 Other Events

On November 5, 2025, VisionWave Holdings Inc. (Nasdaq: VWAV)(the "Company") announced that it has filed formal complaints with Nasdaq MarketWatch and FINRA Market Regulation concerning apparent irregular and potentially manipulative trading activity in the Company's common stock observed during November 3-4, 2025.

The Company provided both regulators with detailed supporting evidence, including timestamped Level II order book data reflecting abnormal quoting patterns and rapidly changing order sizes across multiple market venues. The Company has requested that Nasdaq and FINRA conduct an expedited investigation to determine whether certain market participants engaged in spoofing, layering, or other prohibited practices intended to distort trading in the Company's shares.

In addition, the Company identified three market makers that appeared to participate in the abnormal quoting activity and has formally placed each of them on notice. One of the identified market makers has already responded to the Company, confirming that it has commenced an internal review, to which the Company has provided the documented evidence collected.

Separately, the Company has interviewed three national law firms specializing in securities litigation and expects to select counsel imminently to initiate a civil complaint seeking to recover damages caused by the market activity.

The Company will continue to cooperate fully with regulators and intends to pursue all available remedies to protect its shareholders and ensure the integrity of trading in its securities.

VisionWave Holdings Inc. published this content on November 05, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on November 05, 2025 at 13:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]