VisionWave Holdings, Inc. Declares Zero Tolerance Toward Market Manipulation

Engages Paul Hastings LLP to File Civil Complaint on Naked Short Selling

Reaffirms that Suspected Manipulative Trading will not be Tolerated

WEST HOLLYWOOD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) today announced that the Company has completed its interview process with multiple leading law firms specializing in securities and market-manipulation litigation. Following that review, VisionWave has engaged Paul Hastings LLP, one of the nation’s most respected global law firms with exceptional securities and complex litigation expertise, to prepare and file a civil complaint addressing suspected to trading irregularities in the Company’s stock.

VisionWave emphasized that it will pursue, without compromise, any party believed to have engaged in manipulative trading or other violations of securities laws that may have harmed the Company or its shareholders. Based on the Company’s review and information submitted to regulators, the Company believes certain trading activity may have artificially pressured the share price. The Company intends to expose the perpetrators and hold them fully accountable under the law.

“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.

About VisionWave Holdings, Inc.

VisionWave Holdings, Inc. (Nasdaq: VWAV) develops and commercializes next-generation defense technologies integrating AI-based sensing, radar, and autonomous systems for air, land, and maritime applications. The Company’s mission is to enhance situational awareness, safety, and decision-making for government, defense, and commercial customers worldwide.

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