$VWAV,
“The Company will not tolerate suspected illegal naked short selling or other potentially manipulative conduct and will pursue these bad actors to the fullest extent permitted by law,” said Douglas Davis, Executive Chairman and Interim CEO of VisionWave Holdings, Inc. “After interviewing several national firms, Paul Hastings was the clear standout. The Firm combines unmatched resources with deep experience in securities litigation and activism defense matters. We will be aggressive and plan to take this fight to the parties believed to be responsible to protect our shareholders’ interest. Our shareholders have invested in innovation and integrity — not in a game rigged by manipulators. VisionWave will not rest until justice is served.”
VisionWave continues to cooperate fully with Nasdaq MarketWatch and FINRA Market Regulation and will update shareholders as developments occur. The Company reaffirms its zero-tolerance policy toward market manipulation and commitment to protecting the integrity of VWAV trading and the interests of its investors.
The Company will continue to monitor trading activity and pursue appropriate remedies where warranted.
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