Mergers & Acquisitions ·
VisionWave Holdings, Inc. entered into a term sheet with Lucky Whale Production Limited to establish a joint venture…
VWAVVisionWave Holdings, Inc.
VisionWave Holdings, Inc. entered into a term sheet with Lucky Whale Production Limited to establish a joint venture for a Tier IV data center project in Beth Shemesh, Israel. The Company will hold a 68% stake in the joint venture, resulting in an effective indirect interest of approximately 51% in the project. As consideration for project rights, the Company plans to issue approximately $40 million in common stock to the land owner. VisionWave Holdings, Inc. operates in the technology and infrastructure sector, focusing on data center development and operation.