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Western Acquisition Ventures Corp. 8-K Report: Financial Insights & Securities Update

$WAVS
Form 8-K
Filed on: 2025-01-08
Source
Western Acquisition Ventures Corp. 8-K Report: Financial Insights & Securities Update

Based on the provided XML section of the financial report, here are the key insights and important information extracted:

  1. Entity Information:
  • Name: Western Acquisition Ventures Corp.
  • CIK: 0001868419
  • SEC File Number: 001-42124
  • EIN: 86-3720717
  • Address: 42 Broadway, 12th Floor, New York, NY 10004
  • Phone: 310-740-0710
  1. Filing Details:
  • Filing Type: 8-K
  • Filing Date: January 8, 2025
  1. Stock Information:
  • Common Stock:
    • Ticker Symbol: WAVS (NASDAQ)
    • Par Value: $0.001 per share
  • Redeemable Warrants:
    • Ticker Symbol: WAVSW (NASDAQ)
    • Description: Each redeemable warrant is exercisable for a share of common stock at an exercise price of $11.50 per share.
  • Unit Description: Each unit consists of one share of common stock and one redeemable warrant.
  1. Financial Metrics:
  • Units: The units referenced are likely to be linked to the common stock and warrants, suggesting a structured offering.
  1. Contextual Information:
  • The reporting period is specified as January 8, 2025, indicating that the data is as of that date.

By summarizing this information, we can draw conclusions about the company’s current state, recent financial maneuvers, and the nature of its securities offering. It appears that Western Acquisition Ventures Corp. is actively involved in the capital markets, offering units that combine common stock and warrants, which is a common strategy to raise funds while providing potential upside to investors.