Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Ondas Inc. incurred convertible notes of $11.5 million with selected institutional investors at 3% maturing July 25, 2025.
- Instrument
- convertible notes
- Principal
- $11.5 million
- Counterparty
- selected institutional investors
- Rate
- 3%
- Maturity
- July 25, 2025
- Event
- incurrence
Exact text from the filing
On July 24, 2023, pursuant to the terms of the SPA, an Investor elected to purchase 3% Series B-2 Senior Convertible Notes in the aggregate original principal amount of $11.5 million
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Ondas Inc. entered into Second Supplemental Indenture with Wilmington Savings Fund Society, FSB, as trustee valued at $11.5 million (effective 2023-07-25).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Wilmington Savings Fund Society, FSB, as trustee
- Value
- $11.5 million
- Effective
- 2023-07-25
Exact text from the filing
On July 24, 2023, pursuant to the terms of the SPA, an Investor elected to purchase 3% Series B-2 Senior Convertible Notes in the aggregate original principal amount of $11.5 million (the “Additional Notes”)
View on SEC.gov