debt
confidence high
sentiment positive
materiality 0.55
Ondas Holdings reports only $5.4M of convertible notes remain outstanding
Ondas Inc.
- All prior convertible notes (Exchange, 2023, Dec 3 & Dec 31 2024) settled and no longer outstanding as of June 25.
- Remaining Dec 17 2024 Additional Notes: ~$5.4M principal plus accrued interest, net of discounts.
- Conversion price fixed at $0.88 per share; notes mature December 17, 2026.
- Company substantially reduced its convertible debt load from tens of millions to $5.4M.
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