Ondas Holdings and Oppenheimer mutually terminate Equity Distribution Agreement, effective July 11, 2023

Ondas Inc.

Terminated the March 22, 2022 Equity Distribution Agreement (as amended October 26, 2022) with Oppenheimer & Co. Inc.
ATM prospectus for common stock issuance suspended and terminated as a result.
Mutual agreement between Ondas Holdings and Oppenheimer to end the facility.
Termination effective July 11, 2023; no financial penalties disclosed.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ondas Inc. terminated Equity Distribution Agreement with Oppenheimer & Co. Inc. (effective 2023-07-11).

Action: termination
Agreement: atm program
Counterparty: Oppenheimer & Co. Inc.
Effective: 2023-07-11

Exact text from the filing

On July 11, 2023, Ondas Holdings Inc. (the “Company”) and Oppenheimer & Co. Inc., as sales agent (the “Agent”), mutually agreed to terminate the Equity Distribution Agreement, dated March 22, 2022, as amended on October 26, 2022, by and between the Company and the Agent (the “Equity Distribution Agreement”).

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Ondas Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-056226

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