secwatch.observer — SEC 8-K summary
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Issuer:     Ondas Inc. (ONDS)
CIK:        0001646188
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001213900-23-060782
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ondas Holdings raises $10M via $11.5M convertible note issuance
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- Investor purchased $11.5M aggregate principal of 3% Series B-2 Senior Convertible Notes on July 24.
- Original issue discount of ~13% results in gross proceeds of $10.0M to the company.
- Notes mature July 25, 2025; convertible into common stock under certain conditions.
- Proceeds to fund general corporate purposes including capex and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646188/000121390023060782/0001213900-23-060782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646188/000121390023060782/ea182465-8k_ondashold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-060782

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