secwatch.observer — SEC 8-K summary
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Issuer:     Ondas Inc. (ONDS)
CIK:        0001646188
Form:       8-K
Filed at:   2025-12-17T23:59:59+00:00
Accession:  0001213900-25-122822
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ondas exchanges subsidiary notes and warrants for ~7.7M parent shares; expects $56.6M non-cash charge
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- On Dec 17, 2025, Ondas issued 5,299,482 shares of ONDS common stock; additional ~2,389,203 shares to be issued on Jan 5, 2026.
- Exchange price set at $8.07 per share based on Dec 16, 2025 closing bid price; Privet (CEO-affiliated) to get 1,153,625 shares.
- After exchange, Ondas owns ~99% of subsidiary OAS on fully diluted basis; holders own ~1%.
- Company expects a one-time non-cash charge of ~$56.6 million in Q4 2025 related to the exchange.
- Seven of eleven holders deferred closing to Jan 5, 2026; C&P received 3,280,455 shares on Dec 17, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646188/000121390025122822/0001213900-25-122822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646188/000121390025122822/ea0269970-8k_ondas.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-122822

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