Ondas Holdings Inc. Announces Proposed Public Offering of Common Stock

Rhea-AI Summary

Ondas Holdings Inc. (NASDAQ:ONDS), a provider of industrial wireless networks and commercial drone solutions, has announced a proposed public offering of common stock. The company plans to grant underwriters a 30-day option to purchase additional shares.

Oppenheimer & Co. Inc. will serve as the sole book-running manager, with Northland Capital Markets as lead manager, and Ladenburg Thalmann & Co. Inc. and Lake Street Capital Markets, LLC as co-managers. The proceeds will be used for working capital, corporate purposes, and potential strategic transactions.

The offering is subject to market conditions and will be conducted under a shelf registration statement on Form S-3 that was declared effective on April 25, 2025.

Positive

• Potential for strategic growth through acquisitions and joint ventures
• Strengthening of working capital position
• Multiple established financial institutions managing the offering

Negative

• Potential dilution for existing shareholders
• Uncertainty regarding offering size and terms
• Market conditions may affect completion of the offering

Insights

Financial Capital Markets Specialist

Ondas Holdings plans to raise capital through a common stock offering, potentially diluting current shareholders while strengthening its financial position.

Ondas Holdings (NASDAQ:ONDS) has announced a proposed public offering of common stock, which represents a significant capital raising event for the company. This move indicates the company is seeking additional funding for working capital, general corporate purposes, and potential strategic growth initiatives including acquisitions, joint ventures, and technology investments.

The structure of this offering includes a 30-day option for underwriters to purchase additional shares, which is a standard mechanism that provides flexibility to increase the offering size based on market demand. The involvement of established financial institutions like Oppenheimer & Co. Inc. as the sole book-running manager adds credibility to the offering, while the participation of Northland Capital Markets, Ladenburg Thalmann, and Lake Street Capital Markets as supporting managers suggests a coordinated distribution strategy.

From a financial standpoint, this stock issuance will likely result in dilution of existing shareholders' equity, as new shares will be introduced into the market. While the exact size and pricing terms remain undisclosed, pending market conditions, the dilutive impact could be significant depending on the final offering size. The company has filed the necessary regulatory documentation including a shelf registration statement (Form S-3) that was declared effective on April 25, 2025, demonstrating proper regulatory compliance.

This capital-raising initiative suggests that Ondas, which operates in the industrial wireless networks and commercial drone solutions sectors, may be positioning itself for expansion or addressing potential liquidity needs. The company's forward-looking statements acknowledge risks related to stock price fluctuations and market conditions that could affect the offering's completion, indicating appropriate transparency about execution uncertainties.

BOSTON, MA / ACCESS Newswire / August 12, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its Ondas Networks and Ondas Autonomous Systems business units, today announced that it intends to offer and sell shares of its common stock. Ondas also expects to grant the underwriters a 30-day option to purchase additional shares of common stock offered in the public offering. All of the shares in the proposed offering are to be sold by Ondas. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Ondas intends to use the net proceeds from the proposed offering for working capital, general corporate purposes and potential strategic transactions, including acquisitions of businesses or assets, joint ventures or investments in businesses, products or technologies.

Oppenheimer & Co. Inc. is acting as the sole book-running manager. Northland Capital Markets is acting as the lead manager for the offering. Ladenburg Thalmann & Co. Inc. and Lake Street Capital Markets, LLC are acting as co-managers for the offering.

A shelf registration statement on Form S-3 (File No. 333-286642) relating to the shares to be issued in the proposed offering was filed with the Securities and Exchange Commission ("SEC") on April 18, 2025, and was declared effective on April 25, 2025. A preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC. The shares may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the shares being offered may also be obtained from Oppenheimer & Co. Inc. Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8055, or by email at EquityProspectus@opco.com. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the SEC's website at http://www.sec.gov. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the shares, nor will there be any sale of the shares in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the completion and anticipated use of proceeds of the proposed offering. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties relate, among other things, to fluctuations in our stock price, changes in market conditions and satisfaction of customary closing conditions related to the proposed public offering. Our actual results, performance, or achievements, including our ability to conduct and complete a public offering of our common stock on terms acceptable to us or at all, could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Contacts
IR Contact for Ondas Holdings Inc.
888.350.9994
ir@ondas.com

Media Contact for Ondas
Escalate PR
ondas@escalatepr.com

Preston Grimes
Marketing Manager, Ondas Holdings Inc.
Preston.grimes@ondas.com

SOURCE: Ondas Holdings Inc.

View the original press release on ACCESS Newswire

FAQ

What is the purpose of Ondas Holdings (NASDAQ:ONDS) stock offering in August 2025?

The stock offering aims to raise funds for working capital, general corporate purposes, and potential strategic transactions, including acquisitions, joint ventures, or investments in businesses, products or technologies.

Who are the underwriters for the Ondas Holdings public offering?

Oppenheimer & Co. Inc. is the sole book-running manager, Northland Capital Markets is the lead manager, and Ladenburg Thalmann & Co. Inc. and Lake Street Capital Markets, LLC are co-managers.

What is the size and price of the Ondas Holdings (ONDS) stock offering?

The specific size and terms of the offering have not been disclosed. The offering is subject to market conditions, and details will be revealed in the final prospectus supplement to be filed with the SEC.

How can investors participate in the Ondas Holdings public offering?

Investors can obtain information about participating through Oppenheimer & Co. Inc.'s Syndicate Prospectus Department or by reviewing the preliminary prospectus supplement and accompanying prospectus available on the SEC's website.

What is the registration status of Ondas Holdings' stock offering?

The offering is being conducted under a shelf registration statement on Form S-3 (File No. 333-286642) that was filed with the SEC on April 18, 2025 and declared effective on April 25, 2025.