Business
Ondas Holdings Inc. Successfully Prices $1 Billion Stock and Warrant Sale Above Market Price
WEST PALM BEACH, FLORIDA / ACCESS Newswire / January 9, 2026 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous
About this update from Ondas Inc
[{"type":"text","content":"WEST PALM BEACH, FLORIDA / ACCESS Newswire / January 9, 2026 / Ondas Holdings Inc. (NASDAQ:ONDS) (\"Ondas\" or the \"Company\"), a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems (OAS) business unit and private wireless solutions through Ondas Networks, today announced that it has priced its $1 billion registered direct offering of 19,000,000 shares of its common stock and, in lieu of common stock, pre-funded warrants to purchase up to 41,790,274 shares of its common stock (together \"Common Stock Equivalents\") to an institutional investor. Each Common Stock Equivalent is being sold with a common stock warrant to purchase two (2) shares of common stock. The total number of Common Stock Equivalents to be sold in the offering is 60,790,274. The Common Stock Equivalents will be accompanied by warrants to purchase a total of 121,580,548 shares of common stock, which we refer to as common stock warrants.Each share of common stock and accompanying common stock warrant is being sold together at a combined offering price of $16.45, and each pre-funded warrant and accompanying common stock warrant is being sold together at a combined offering price of $16.4499 (with a nominal exercise price of $0.0001 per share remaining unpaid as of the issuance date), each priced above-the-market under the rules of the Nasdaq Stock Market and representing a premium of approximately 17.5% to Ondas' closing stock price on January 8, 2026. Each pre-funded warrant will be exercisable immediately after the original issue date and will expire seven years from the date of issuance. Each common stock warrant will have an exercise price of $28.00 per share, will be immediately exercisable and will expire seven years from the date of issuance. All of the shares, pre-funded warrants and common stock warrants in the offering are being sold by the Company. The offering is expected to close on or about January 12, 2026, subject to the satisfaction of customary closing conditions.Ondas expects the gross proceeds from this offering to be approximately $1 billion, before deducting the estimated placement agent's fees and other estimated offering expenses and excluding any proceeds that may be received from the exercise of the common stock warrants. If the common stock warrants are fully exercised on a cash basis...