Ondas Holdings Converts $5.2 Million in Notes to Common Stock

Reuters
2025.12.17 21:37
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Ondas Holdings Inc. has converted $5.2 million in convertible promissory notes into common stock. The conversion involves Ondas Autonomous Systems Inc., a subsidiary, and results in the issuance of 5,299,482 shares on December 17, 2025, with an additional 2,389,203 shares to be issued on January 5, 2026. Post-exchange, Ondas Holdings will own approximately 99% of OAS. The transactions are exempt from SEC registration under Regulation D.