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On September 30, 2026, Sadot Group Inc. (the "Company") entered into a Joint Venture and Operating Agreement (the "JV Agreement") with VisionWave Holdings, Inc., a Delaware corporation whose common stock is listed on The Nasdaq Stock Market LLC under the symbol "VWAV" ("VisionWave"), and CMJV LLC, a newly formed Nevada
VisionWave Holdings and Sadot Group have formed a 50/50 joint venture, CMJV, to hold VisionWave's rights in C.M. Composite Materials. The JV will also act as a lender and potentially acquire 51% of CM.
Sadot Group and VisionWave have formed a 50/50 joint venture named CMJV to acquire and finance the operations of C.M. Composite Materials. VisionWave contributed its acquisition rights and approximately $7.81 million in prior advances, while Sadot committed to fund an equal amount over 12 months.