other_material
confidence high
sentiment neutral
materiality 0.80
Ondas raises ~$217M net in upsized offering of 46M shares at $5.00
Ondas Inc.
- Closed underwritten offering of 46M shares of common stock at $5.00 (including full exercise of 6M-share over-allotment).
- Gross proceeds $230M; net proceeds ~$217M after underwriting discounts and estimated expenses.
- Proceeds earmarked for corporate development, acquisitions, joint ventures, and investments.
- Underwriters exercised over-allotment option in full on September 9, 2025.
- Oppenheimer & Co. acted as lead book-running manager; Stifel as joint book-running manager.
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