Ondas Holdings Inc. Closes $230 Million Secondary Offering, Plans for Strategic Growth

Reuters
2025/09/10
<a href="https://laohu8.com/S/ONDS">Ondas Holdings Inc.</a> Closes $230 Million Secondary Offering, Plans for Strategic Growth

Ondas Holdings Inc. has announced the successful closing of its underwritten offering, raising $230 million through the sale of 46,000,000 shares of common stock. This amount includes 6,000,000 shares sold under the full exercise of the underwriters' over-allotment option. The company expects net proceeds of approximately $217 million after accounting for underwriting discounts, commissions, and estimated offering expenses. Proceeds from the offering will be used for corporate development and strategic growth, including potential acquisitions and investments. Oppenheimer & Co. Inc. acted as the lead book-running manager, with Stifel as the joint book-running manager, and several other firms serving as co-managers for the offering. Legal counsel was provided by Akerman LLP for Ondas and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. for the underwriters.

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 ACCESS Newswire (Ref. ID: 1071081) on September 10, 2025, and is solely responsible for the information contained therein.

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