What's Going On With Ondas Holdings Stock Tuesday?

Ondas Holdings Inc. (NASDAQ:ONDS) shares slipped on Tuesday after the company said it priced an underwritten public offering of 40 million shares at $5 each, aiming to raise $200 million in gross proceeds before expenses. The underwriters also received a 30-day option to buy up to six million additional shares, with the deal expected to close around Sept. 10. Investors sent the stock lower on concerns about dilution from the capital raise. Oppenheimer & Co. is serving as lead bookrunner, joined by Stifel a ...