---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-055876"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:36:06.042054+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ondas Holdings subsidiary Ondas Networks secures at least $15M investment led by Charles & Potomac Capital

## Summary
- Investment of at least $15M in convertible preferred securities of Ondas Networks; initial close of $10M expected July 13, 2023.
- Second close of up to $10M planned in Q3; C&P commits up to $5M if strategic investor does not participate.
- Preferred stock carries 8% dividend; convertible into Networks common; warrants for 10.2M shares of Ondas Holdings at $0.89/share.
- Proceeds to be used for working capital to accelerate production, fulfill backlog, and support growth plan.
- No portion of proceeds distributed to parent company Ondas Holdings.

## SEC filing metadata
- accession: 0001213900-23-055876
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390023055876/0001213900-23-055876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390023055876/ea181537-8k_ondas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-055876
- JSON: https://secwatch.observer/filing/0001213900-23-055876.json
- Plain text: https://secwatch.observer/filing/0001213900-23-055876.txt

## Key facts
- Material Agreements
  Ondas Inc. entered into Preferred Stock Purchase Agreement with the initial purchaser named therein valued at at least $15 million (effective 2023-07-09).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the initial purchaser named therein
  - Value: at least $15 million
  - Effective: 2023-07-09
  source text: On July 9, 2023, Ondas Networks Inc., a Delaware corporation (“Networks”) and wholly owned subsidiary of Ondas Holdings Inc., a Nevada corporation (the “Company”), entered into a Preferred Stock Purchase Agreement (the “Agreement”) for an investment of at least $15 million in Networks.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390023055876/0001213900-23-055876-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.