debt
confidence high
sentiment positive
materiality 0.70
Ondas Holdings fully retires all convertible notes; cash over $67M
Ondas Inc.
- All outstanding convertible notes fully settled as of July 18, 2025; no remaining convertible debt.
- Cash and cash equivalents over $67 million as of June 30, 2025, providing strong liquidity.
- Notes eliminated include series from 2023 and 2024 with original principal totaling ~$45 million.
- CEO Eric Brock says milestone reflects strong financial position and confidence in growth.
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