Ondas completes $118.2M cash + stock acquisition of Cyberhawk, drone inspection AI firm

Ondas Inc.

Acquired 100% of Cyberhawk for $118.2M cash plus 581,732 ONDS shares; shares locked up 1 year, then volume limits for 18 months.
Cyberhawk provides AI-powered drone inspection and visual asset intelligence for utilities, energy, renewables, mining, and industrial customers.
Inducement grants: RSUs for 1,601,593 shares and options for 1,290,000 shares at $9.11 exercise price to 47 newly hired employees.
Ondas plans to integrate Cyberhawk with its Palantir Foundry deployment to enhance data integration and AI workflows.
No financial statements or pro forma required under Rule 3-05(b) and Article 11 of Regulation S-X.

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