---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-068280"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:29:20.058886+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ondas Networks subsidiary closes $3.5M second tranche; total $15M from Stage 1 Growth

## Summary
- Second closing on Aug 11, 2023: 99,885 preferred shares and warrants for 2,374,208 common shares sold for $3.49M gross.
- Total investment from Stage 1 Growth Fund now $15.0M, representing ~28% minority stake in Ondas Networks.
- Transaction exempt from registration under Section 4(2) and Regulation D.
- Registration Rights Agreement filed for resale of common shares underlying warrants.

## SEC filing metadata
- accession: 0001213900-23-068280
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/0001213900-23-068280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/ea183511-8k_ondashold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-068280
- JSON: https://secwatch.observer/filing/0001213900-23-068280.json
- Plain text: https://secwatch.observer/filing/0001213900-23-068280.txt

## Key facts
- Material Agreements
  Ondas Inc. amended Amendment to Preferred Stock Purchase Agreement with Initial Purchaser valued at amended Preferred Stock Purchase Agreement to include Second Closing for additional 99,885 shares of (effective 2023-07-09).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Initial Purchaser
  - Value: amended Preferred Stock Purchase Agreement to include Second Closing for additional 99,885 shares of
  - Effective: 2023-07-09
  source text: entered into a Preferred Stock Purchase Agreement (the “Agreement”) as amended by that certain Amendment to Preferred Stock Purchase Agreement (the "Amendment," and together with the Agreement, the "Amended Agreement")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/0001213900-23-068280-index.htm
- Material Agreements
  Ondas Inc. entered into Registration Rights Agreement with Initial Purchaser valued at registration rights to register resale of Company Common Stock underlying Additional Warrants (effective 2023-08-11).
  - Action: entry
  - Counterparty: Initial Purchaser
  - Value: registration rights to register resale of Company Common Stock underlying Additional Warrants
  - Effective: 2023-08-11
  source text: the Company issued the Additional Warrants and entered into a registration rights agreement, dated August 11, 2023, with the Initial Purchaser to register the resale of the Company Common Stock underlying the Additional Warrants pursuant to a registration statement to be filed no later than 180 days following the Initial Closing (the “Registration Rights Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/0001213900-23-068280-index.htm
- Material Agreements
  Ondas Inc. entered into Preferred Stock Purchase Agreement, as amended with Initial Purchaser valued at gross proceeds to Networks of $11,508,517 at Initial Closing; aggregate investment of $15.0 million (effective 2023-07-09).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Initial Purchaser
  - Value: gross proceeds to Networks of $11,508,517 at Initial Closing; aggregate investment of $15.0 million
  - Effective: 2023-07-09
  source text: On July 9, 2023, Ondas Networks Inc., a Delaware corporation (“Networks”) and subsidiary of Ondas Holdings Inc., a Nevada corporation (the “Company”), entered into a Preferred Stock Purchase Agreement (the “Agreement”) as amended by that certain Amendment to Preferred Stock Purchase Agreement (the "Amendment," and together with the Agreement, the "Amended Agreement") pursuant to which, on July 21, 2023, Networks issued and sold (i) 329,238 shares of preferred stock of Networks, $0.00001 par value per share (the "Preferred Stock"), at a purchase price of $34.955 per share (the “Per Share Price”), convertible into shares of Common Stock of Networks, $0.00001 par value per share (the “Networks Common Stock”) and (ii) warrants to purchase 7,825,792 shares of common stock of the Company, $0.0001 par value per share (the “Company Common Stock”), at an exercise price of $0.89 per share, exercisable commencing ninety days following the date of issuance through the fifth anniversary of the date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/0001213900-23-068280-index.htm

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