Ondas Holdings Inc. announced that its subsidiary, Ondas Autonomous Systems Inc. (OAS), previously issued $5.2 million in convertible promissory notes to a private investor group, which includes affiliates of company leadership and a former director. Alongside the notes, warrants to purchase 3,616,071 shares of OAS common stock were also issued. The company has offered holders of the notes and warrants the opportunity to convert their holdings into OAS common stock and subsequently exchange them for Ondas Holdings common stock. Depending on participation, Ondas Holdings expects to issue between approximately 6.9 million and 7.3 million new shares and record a one-time, non-cash charge of $56.6 million to $60.5 million in the fourth quarter of 2025. Definitive exchange agreements are expected to be finalized during the week of December 15, 2025.
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: 0001213900-25-121269), on December 12, 2025, and is solely responsible for the information contained therein.
Comments