Ondas Holdings Inc. priced its underwritten offering of 40,000,000 shares of common stock at $5.00 per share, expecting gross proceeds of $200 million.
The net proceeds will be used for corporate development, strategic growth, acquisitions, joint ventures, and investments.
The offering is expected to close on or about September 10, 2025, subject to customary conditions.
Offering Details
Priced at $5.00 per share, expecting gross proceeds of $200 million.
Use of Proceeds
Intended for corporate development, strategic growth, acquisitions, joint ventures, and investments.
Lead Managers
Oppenheimer & Co. Inc. is the lead book-running manager; Stifel is the joint book-running manager.
- The offering provides Ondas Holdings Inc. with substantial funds for expansion and strategic initiatives.
- Collaboration with reputable firms as underwriters enhances the market perception of Ondas's growth potential.
The successful pricing of the offering indicates investor confidence in Ondas Holdings Inc.'s future growth prospects and strategic vision.