Ondas Prices $1 Billion Offering At Premium - Ondas Holdings (NASDAQ:ONDS)
OndasOndas(US:ONDS) Benzinga·2026-01-09 15:19

Core Viewpoint - Ondas Holdings Inc. has initiated a significant equity financing to support its expansion in autonomous systems and wireless operations [1] Offering Structure - Ondas sold a combination of common shares and pre-funded warrants to a single institutional investor, totaling 60.79 million common stock equivalents under a registered direct offering format [2] - The pricing for the offering was set at $16.45 per share package, which is approximately 17.5% above the closing stock price on January 8 [2] Capital Impact - The company anticipates gross proceeds nearing $1 billion before accounting for underwriting and transaction expenses [4] - The warrants associated with the offering could potentially generate an additional $3.4 billion if exercised for cash, with a $28 exercise price and a seven-year term [4] Strategic Plans - Ondas intends to utilize the raised capital for acquisitions, joint ventures, and internal technology investments [5] - The stock has experienced a significant increase of over 521% in the past year, indicating strong investor interest [5]

Ondas Prices $1 Billion Offering At Premium - Ondas Holdings (NASDAQ:ONDS) - Reportify