Western Acquisition Ventures Corp: Key Insights from 8-K Filing (Jan 15, 2025)

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

1. Entity Information:

• Company Name: Western Acquisition Ventures Corp.
• CIK (Central Index Key): 0001868419
• SEC File Number: 001-42124
• EIN (Employer Identification Number): 86-3720717
• Address: 42 Broadway, 12th Floor, New York, NY 10004
• Contact: 310-740-0710

2. Filing Type:

• The report is an 8-K filing, which is typically used to report major events that shareholders should know about, filed on January 15, 2025.

3. Financial Instruments:

• The company has issued Units, each consisting of one share of common stock and 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 a share of common stock at an exercise price of $11.50 per share.

4. Key Dates:

• The report is for the period starting and ending on January 15, 2025.

5. Units and Shares:

• The financial data is presented in both USD (dollars) and shares.
• The nature of the units suggests a structure that combines equity (common stock) with a derivative (warrant), providing investors both ownership and the option to acquire additional shares.

6. Warrant Structure:

• The redeemable warrants are significant as they allow investors to purchase shares at a fixed price, potentially benefiting from future stock price appreciation.

This information indicates the company is actively engaging in a capital structure that involves both equity and options for investors, which can be attractive in a growth-oriented investment landscape. The details about the exercise price of the warrants suggest that the company is positioning itself for potential growth and is likely looking to raise additional capital through the exercise of these warrants in the future.