Ondas Networks Secures $8.4 Million Investment Through Preferred Stock Offering

Reuters01-26
<a href="https://laohu8.com/S/ONDS">Ondas</a> Networks Secures $8.4 Million Investment Through Preferred Stock Offering

Ondas Networks Inc., a Texas-based subsidiary of Ondas Inc., has completed a Series B Preferred Stock Offering, raising $8.4 million from a group of investors. As part of the transaction, the purchasers of the preferred shares have entered into investors' rights, right of first refusal, and voting agreements with Ondas Networks. The issuance of the preferred stock was made to accredited investors and was exempt from registration under the Securities Act.

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