Ondas Holdings Inc. completed the acquisition of a controlling interest in 4M Defense Ltd. by acquiring 70% of HoldCo, which owns 100% of 4M. As part of the transaction, Ondas issued 801,068 shares of its common stock and paid $2,400,000 in cash to the shareholders of HoldCo. The deal includes a 12-month lock-up on 480,641 shares held by one shareholder, with gradual release provisions thereafter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ondas Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-103293), on October 29, 2025, and is solely responsible for the information contained therein.