secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ondas Inc. (ONDS)
CIK:        0001646188
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001213900-23-004226
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ondas extends $34.5M convertible notes maturity to 2024, amends conversion terms
--------------------------------------------------------------------------------

- Exchanged $34.5M aggregate principal of 3% Senior Convertible Notes due 2023 for new 3% notes due Oct 28, 2024.
- Amendment allows acceleration of Installment Amounts up to 8 times the installment amount on related Installment Date.
- Conversion price set at $4.25/share, subject to standard anti-dilution adjustments.
- Exchange was with existing investors under Section 3(a)(9) of Securities Act; no underwriting commissions paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646188/000121390023004226/0001213900-23-004226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646188/000121390023004226/ea171987-8k_ondas.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-004226

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer