Ondas Inc. (ONDS): debt financing — Ondas subsidiary extends $1.5M secured loan maturity to July 2025

Ondas Inc.

Ondas Networks subsidiary extended maturity of $1.5M secured loan from Feb 28 to July 23, 2025.
Loan was originally from Charles & Potomac Capital, LLC, an entity affiliated with director Joseph Popolo.
Extension granted via a Letter Agreement dated February 28, 2025.
No other terms of the Secured Note Agreement were amended.

item 1.01 item 2.03 item 9.01

Key facts

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. amended loan with Charles & Potomac Capital, LLC maturing February 28, 2025 to July 23, 2025.

Instrument: loan
Counterparty: Charles & Potomac Capital, LLC
Maturity: February 28, 2025 to July 23, 2025
Event: amendment

Exact text from the filing

On February 28, 2025, Networks and C&P entered into that certain Letter Agreement (the "Letter Agreement"), pursuant to which the Maturity Date of the Secured Loan was amended from February 28, 2025 to July 23, 2025.

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Source: SEC EDGAR

accession 0001213900-25-018847

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