Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of autonomous aerial and ground robot intelligence and private wireless solutions, has announced the closing of an underwritten offering totaling approximately $425 million. The offering included 19,560,000 shares of common stock and pre-funded warrants to purchase up to 17,400,000 shares, for a total of 36,960,000 common stock equivalents. Additionally, investors received warrants to purchase up to 73,920,000 shares of common stock. Ondas estimates net proceeds of approximately $407.2 million after deducting expenses. The company plans to use the funds for corporate development and strategic growth initiatives, including acquisitions and investments. Oppenheimer & Co. Inc. served as the lead book-running manager, with support from several other financial institutions.