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Western Acquisition Ventures Corp. Financial Report: Investment Insight & Offering Details

$WAVS
Form 8-K
Filed on: 2025-01-08
Source
Western Acquisition Ventures Corp. Financial Report: Investment Insight & Offering Details

Here's a concise analysis of the provided financial report section:

Key Information Extracted:

  1. Entity Identifier:
  • CIK: 0001868419
  • Name: Western Acquisition Ventures Corp.
  • SEC File Number: 001-42124
  • Tax ID: 86-3720717
  1. Reporting Date:
  • Period Covered: January 6, 2025 (both start and end date).
  1. Securities Information:
  • Units Offered:
    • Each unit consists of:
    • One share of common stock.
    • One redeemable warrant.
  • Common Stock:
    • Ticker Symbol: WAVS (NASDAQ)
    • Par Value: $0.001 per share.
  • Redeemable Warrants:
    • Ticker Symbol: WAVSW (NASDAQ)
    • Each warrant is exercisable for one share of common stock at an exercise price of $11.50 per share.
  1. Units and Measurement:
  • The report utilizes USD and shares as units of measurement.
  • There are references to different unit types including USD per share, indicating the financial metrics are related to both monetary and equity components.
  1. Contact Information:
  • Address: 42 Broadway, 12th Floor, New York, NY 10004
  • Phone: 310-740-0710

Insights:

  • Investment Structure: The company is offering a financial structure that combines equity (common stock) and a potential future equity component (redeemable warrants), which may appeal to investors looking for both immediate ownership and future upside.
  • Warrant Exercise Price: The exercise price of $11.50 per share for the warrants indicates the threshold at which investors can convert their warrants into shares, potentially reflecting the company's anticipated stock value.
  • Market Presence: The use of NASDAQ ticker symbols indicates the company's listing on a major stock exchange, providing liquidity and visibility to investors.

This report generally indicates an offering that may attract investors by providing both immediate shares and the option to acquire more shares at a set price in the future, which can be an appealing investment strategy in a growth-oriented market.