secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ondas Inc. (ONDS)
CIK:        0001646188
Form:       8-K
Filed at:   2023-08-16T23:59:59+00:00
Accession:  0001213900-23-068280
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/0001213900-23-068280-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646188/000121390023068280/ea183511-8k_ondashold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-068280

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