Subsequent Events |
6 Months Ended | ||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||
| Subsequent Events [Abstract] | |||||||||||||||||||||||||||||||||||||
| Subsequent Events | Note 14 - Subsequent Events
The Company has evaluated its operations subsequent to June 30, 2025 to the date these unaudited consolidated financial statements were available to be issued and determined the following subsequent events and transactions required disclosure in these consolidated financial statements.
The Merger Between Bannix and VisionWave was closed on July 14, 2025 and the Company holdings in Visionwave Technologies been converted into holdings in VisionWave Holdings, Inc publicly traded on NASDAQ under the Ticker VWAV.
. Here is the breakdown of the Company and Tokenize holdings in VisionWave Holdings post closings:
On July 21, 2025, Danny Rittman notified the Company of his resignation from his position as Chief Technology Officer and as a member of the Board of Directors effective immediately. Dr. Rittman’s resignation was due to his need to commit to his role a Chief Technology Officer of VisionWave Holdings, Inc. and was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices. |
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