Ondas Holdings Amends Loan Terms, Extends Maturity Date on $5.2 Million Convertible Notes to January 2026
Reuters
Oct 03, 2025
Ondas Holdings Amends Loan Terms, Extends Maturity Date on $5.2 Million Convertible Notes to January 2026
**Ondas Holdings Amends Maturity Date on Secured Convertible Notes** Ondas Holdings Inc. announced that its subsidiary, Ondas Autonomous Systems Inc. (OAS), has amended the maturity date of its outstanding secured convertible promissory notes. Under a new Letter Agreement dated September 29, 2025, the maturity date for both the $3.5 million notes issued in October 2024 and the $1.7 million notes issued in December 2024 has been extended to January 1, 2026. The promissory notes were originally purchased by a private investor group, which includes Privet Ventures LLC, an entity affiliated with Ondas' Chairman and CEO Eric Brock. The amendment provides Ondas with additional financial flexibility as it continues its strategic growth initiatives.
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