Recapitalization (Tables)

3 Months Ended

Dec. 31, 2025

Recapitalization

Schedule of consolidated statements of cash flows and changes in stockholders deficit

Cash-trust and cash, net of redemptions	$	1,169,746
Less: transaction costs paid		(1,145,900	)
Net payout in Reverse Acquisition		23,846
Less: Liabilities assumed		(7,370,764	)
Less: Promissory note combined		(1,003,995	)
Add: assets acquired		3,930
Reverse acquisition, net	$	(8,346,983	)

Schedule of consummation of the Reverse Acquisition

Bannix Class A common stock, outstanding prior to the Reverse Acquisition	$	2,623,666
Less: Redemption of Bannix Class A common stock		(83,342	)
		2,540,324
Bannix Class B common stock, outstanding prior to the Reverse Acquisition		—
Business Combination shares		2,540,324
Bannix public Rights converted to shares at closing		690,000
Bannix private Rights converted to shares at closing		40,600
VisionWave Technologies Inc. Shares		11,000,000
Common Stock immediately after the Reverse Acquisition	$	14,270,924

Schedule of the number of VisionWave Holdings shares

	VisionWave Technologies Inc. Shares		VisionWave Holdings Inc. Shares after conversion ratio
Class A Common		2,722		2,540,324
Class B Common		—		—
Total		2,722		2,540,324