Business
Ondas Holdings Inc. Prices $200 Million Offering of Common Stock
BOSTON, MASSACHUSETTS / ACCESS Newswire / September 9, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous
About this update from Ondas Inc
[{"type":"text","content":"BOSTON, MASSACHUSETTS / ACCESS Newswire / September 9, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) (\"Ondas\" or the \"Company\"), a leading provider of autonomous aerial and ground robot intelligence and private wireless solutions through its business units Ondas Autonomous Systems (OAS) and Ondas Networks, today announced that it has priced its underwritten offering of 40,000,000 shares of its common stock. The offering price of each share of common stock is $5.00. Ondas expects the gross proceeds from this offering to be $200 million, before deducting the underwriting discount and other estimated offering expenses. Ondas intends to use the net proceeds from this offering for corporate development and strategic growth, including acquisitions, joint ventures, and investments. Ondas has granted the underwriters a 30-day option to purchase up to 6,000,000 additional shares of its common stock. Ondas expects to close the offering, subject to the satisfaction of customary conditions, on or about September 10, 2025.Oppenheimer & Co. Inc. is acting as the lead book-running manager for the offering. Stifel is acting as the joint book-running manager for the offering. Maxim Group LLC, Northland Capital Markets, Ladenburg Thalmann & Co. Inc. and Lake Street Capital Markets, LLC are acting as co-managers for the offering.An automatic shelf registration statement on Form S-3ASR (File No. 333-290121) relating to the shares of common stock to be issued in the offering was filed with the Securities and Exchange Commission (\"SEC\") and was automatically effective upon filing on September 9, 2025. A prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC. Copies of the final prospectus supplement and the accompanying prospectus relating to the shares being offered may also be obtained, when available, from Oppenheimer & Co. Inc. Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8055, or by email at [email protected]; or from Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, California 94104, or by telephone at (415) 364-2720 or by email at [email protected] press release does not constitute an offer to sell, or the solicit...