---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-047289"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:12:30.938097+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ondas completes $175M merger with defense contractor Mistral, adding $264M backlog

## Summary
- Merger valued at ~$175M; consideration includes ~2.6M shares of Ondas common stock with additional earnout shares.
- Mistral brings programs exceeding $1B in value and prime access to U.S. Army and Special Operations IDIQ contracts.
- Pro forma backlog adjusted for Mistral and World View was $457M as of March 31, 2026.
- Ondas issued inducement RSUs for 1,245,263 shares to 58 new employees hired in connection with the merger.
- Registration rights agreement limits stockholder sales to 10% of average daily trading volume.

## SEC filing metadata
- accession: 0001213900-26-047289
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390026047289/0001213900-26-047289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390026047289/ea0286979-8k_ondas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-047289
- JSON: https://secwatch.observer/filing/0001213900-26-047289.json
- Plain text: https://secwatch.observer/filing/0001213900-26-047289.txt

## Source-grounded claims
- claim_id: bd662bf66e308f11d88be69e1a63d708dc473866
  claim: Ondas Inc. completed an acquisition involving Mistral, Inc. for approximately $175,000,000 (closed 2026-04-24).
  evidence_excerpt: with and into Mistral, with Mistral continuing as the surviving entity and a wholly owned subsidiary of the Company (the “Merger”), for an aggregate amount of approximately $175,000,000, comprised of (i) 1,567,735 shares of the Company’s common stock (“Common Stock”), par value $0.0001 per share, issued to the Stockholder, (ii) 261,289 shares of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390026047289/0001213900-26-047289-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.