Ondas Holdings Announces $5.2 Million Debt Exchange and Expects $60.5 Million Non-Cash Charge

Reuters
2025.12.12 22:13
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Ondas Holdings Inc. announced a $5.2 million debt exchange involving convertible promissory notes and warrants issued by its subsidiary, Ondas Autonomous Systems Inc. The exchange allows conversion into common stock, expecting to issue 6.9 to 7.3 million new shares and record a non-cash charge of $56.6 to $60.5 million in Q4 2025. Definitive agreements are anticipated by December 15, 2025.