Sadot Group Inc. entered into a Joint Venture and Operating Agreement with VisionWave Holdings, Inc., establishing CMJV LLC as a 50/50 joint venture to acquire C.M. Composite Materials Ltd. Sadot committed $7,814,323 in cash capital contributions funded over twelve months, while VisionWave contributed existing rights and approximately $7.81 million of advances. In exchange for admission, Sadot issued 250,000 shares of common stock to VisionWave, representing approximately 17.2% of pre-issuance outstanding shares. The venture aims to secure a 51% interest in the Israeli advanced-composites manufacturer serving aerospace and defense customers. If funding targets are not met or the acquisition fails, Sadot's ownership may be reduced pro rata. The company operates in the industrial manufacturing sector.
