Ondas Holdings Inc. Announces Closing of $230 Million Offering Including Full Exercise of Over-allotment Option
Core Viewpoint - Ondas Holdings Inc. has successfully closed an underwritten offering of 46 million shares of common stock, raising approximately $217 million in net proceeds after expenses [1] Group 1: Offering Details - The offering included 6 million shares sold due to the full exercise of the underwriters' over-allotment option [1] - The total number of shares offered was 46 million [1] Group 2: Financial Impact - Ondas estimates net proceeds from the offering to be around $217 million after deducting underwriting discounts, commissions, and estimated offering expenses [1]