IPO - Ondas Holdings Inc.

Form Type: 424B5

Filing Date: 2025-06-11

Corporate Action: Ipo

Type: New

Accession Number: 000121390025053209

Filing Summary: Ondas Holdings Inc. is offering 22,400,000 shares of its common stock at a price of $1.25 per share, along with pre-funded warrants for an additional 9,600,000 shares priced at $1.2499 each. These pre-funded warrants will expire three years from issuance and are fully exercisable immediately. The total proceeds before expenses are expected to be approximately $39.999 million. The underwriting agreement includes an over-allotment option of 4,800,000 additional shares. Proceeds from the offering will be used for general corporate purposes, including funding capital expenditures and working capital. As of June 6, 2025, the last reported sale price of the stock was $1.70, while the Common Stock is listed on NASDAQ under the symbol 'ONDS'. The document highlights associated risks with investing in the securities, which involve a high degree of risk including potential dilution and lack of market for the pre-funded warrants, emphasizing reliance on the company's management for the use of proceeds and the uncertainties in business operations.

Form Type: CORRESP

Filing Date: 2025-04-23

Corporate Action: Ipo

Type: New

Accession Number: 000121390025034569

Filing Summary: Ondas Holdings Inc. is requesting that its Registration Statement on Form S-3 (File No. 333-286642), originally filed on April 18, 2025, be declared effective by the U.S. Securities and Exchange Commission at 4:00 p.m. Eastern Time on April 25, 2025. This action is part of their preparation for an initial public offering (IPO). They also request oral confirmation of this event with their counsel, Akerman LLP.