Ondas Holdings Inc. Publicizes Closing of $173 Million Public Providing Together with Full Train of Overallotment Possibility

BOSTON, MASSACHUSETTS / ACCESS Newswire / August 15, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) (“Ondas” or the “Firm”), a number one supplier of personal industrial wi-fi networks and business drone and automatic knowledge options via its Ondas Networks and Ondas Autonomous Methods enterprise items, introduced immediately the closing of its underwritten public providing of 53,084,000 shares of its widespread inventory, which incorporates 6,924,000 shares of widespread inventory bought pursuant to the train in full by the underwriter of their over-allotment possibility. Ondas estimates internet proceeds from the providing to be roughly $163 million, after deducting underwriting reductions and commissions and estimated providing bills.

Ondas intends to make use of the online proceeds of the providing for working capital, common company functions and potential strategic transactions, together with acquisitions of companies or property, joint ventures or investments in companies, merchandise or applied sciences.

Oppenheimer & Co. Inc. acted as the only real book-running supervisor. Northland Capital Markets acted because the lead supervisor for the providing. Ladenburg Thalmann & Co. Inc. and Lake Avenue Capital Markets, LLC acted as co-managers for the providing.

Akerman LLP served as authorized counsel to Ondas and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as authorized counsel to the underwriters.

A shelf registration assertion on Kind S-3 (File No. 333-286642) regarding the shares of widespread inventory to be issued within the providing was filed with the Securities and Alternate Fee (“SEC”) on April 18, 2025 and was declared efficient on April 25, 2025. A ultimate prospectus complement and accompanying prospectus describing the phrases of the providing has been filed with the SEC. Copies of the ultimate prospectus complement and the accompanying prospectus regarding the shares being provided might also be obtained from Oppenheimer & Co. Inc. Consideration: Syndicate Prospectus Division, 85 Broad Avenue, twenty sixth Flooring, New York, NY 10004, or by phone at (212) 667-8055, or by electronic mail at [email protected]. Digital copies of the ultimate prospectus complement and accompanying prospectus are additionally obtainable on the SEC’s web site at http://www.sec.gov.

This press launch doesn’t represent a suggestion to promote, or the solicitation of a suggestion to purchase, these shares, nor will there be any sale of those shares in any state or different jurisdiction by which such supply, solicitation or sale shouldn’t be permitted.

Ahead-Trying Statements

Statements made on this launch that aren’t statements of historic or present details are “forward-looking statements” throughout the that means of the Non-public Securities Litigation Reform Act of 1995, together with, however not restricted to, statements relating to the meant use of internet proceeds from the providing. We warning readers that forward-looking statements are predictions based mostly on our present expectations about future occasions. These forward-looking statements should not ensures of future efficiency and are topic to dangers, uncertainties and assumptions which are tough to foretell. These dangers and uncertainties relate, amongst different issues, to fluctuations in our inventory value and modifications in market situations. Our precise outcomes, efficiency, or achievements might differ materially from these expressed or implied by the forward-looking statements because of quite a few components, together with the dangers mentioned underneath the heading “Threat Elements” mentioned underneath the caption “Merchandise 1A. Threat Elements” in Half I of our most up-to-date Annual Report on Kind 10-Ok or any updates mentioned underneath the caption “Merchandise 1A. Threat Elements” in Half II of our Quarterly Studies on Kind 10-Q and in our different filings with the SEC. We undertake no obligation to publicly replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case that happen after that date, besides as required by regulation.

Contacts

IR Contact for Ondas Holdings Inc.
888.350.9994
[email protected]

Media Contact for Ondas
Escalate PR
[email protected]

Preston Grimes
Advertising Supervisor, Ondas Holdings Inc.
[email protected]

SOURCE: Ondas Holdings Inc.