Ondas Holdings Inc. Prices $200 Million Offering of Common Stock
Rhea-AI Summary
Ondas Holdings Inc. (NASDAQ:ONDS) has announced the pricing of its significant underwritten public offering of 40 million shares of common stock at $5.00 per share, expected to generate gross proceeds of $200 million.
The offering, expected to close around September 10, 2025, includes a 30-day option for underwriters to purchase up to 6 million additional shares. Oppenheimer & Co. Inc. leads as book-running manager, with Stifel as joint book-runner. The company plans to use the proceeds for corporate development and strategic growth initiatives, including acquisitions, joint ventures, and investments.
Positive
- Substantial capital raise of $200 million to fund strategic growth initiatives
- Strong underwriting support from multiple financial institutions
- 30-day option for additional $30 million through 6 million share purchase option
Negative
- Significant dilution for existing shareholders with 40 million new shares being issued
- 5.00 per share offering price may represent a discount to market price
News Market Reaction – ONDS
On the day this news was published, ONDS declined 10.07%, reflecting a significant negative market reaction. Argus tracked a peak move of +5.3% during that session. Argus tracked a trough of -8.9% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $190M from the company's valuation, bringing the market cap to $1.69B at that time.
Data tracked by StockTitan Argus on the day of publication.
BOSTON, MASSACHUSETTS / ACCESS Newswire / September 9, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous aerial and ground robot intelligence and private wireless solutions through its business units Ondas Autonomous Systems (OAS) and Ondas Networks, today announced that it has priced its underwritten offering of 40,000,000 shares of its common stock. The offering price of each share of common stock is
Oppenheimer & Co. Inc. is acting as the lead book-running manager for the offering. Stifel is acting as the joint book-running manager for the offering. Maxim Group LLC, Northland Capital Markets, Ladenburg Thalmann & Co. Inc. and Lake Street Capital Markets, LLC are acting as co-managers for the offering.
An automatic shelf registration statement on Form S-3ASR (File No. 333-290121) relating to the shares of common stock to be issued in the offering was filed with the Securities and Exchange Commission ("SEC") and was automatically effective upon filing on September 9, 2025. A prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC. Copies of the final prospectus supplement and the accompanying prospectus relating to the shares being offered may also be obtained, when available, 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; or from Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, California 94104, or by telephone at (415) 364-2720 or by email at syndprospectus@stifel.com.
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 expected timing or completion of the offering, the expected gross proceeds therefrom and the intended use of net proceeds therefrom. 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 offering. Our actual results, performance, or achievements 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. There can be no assurance that we will be able to complete the offering on the anticipated terms or at all. 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 size and price of Ondas Holdings (NASDAQ:ONDS) stock offering in September 2025?
How will Ondas Holdings (ONDS) use the proceeds from its $200M stock offering?
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When will Ondas Holdings' (NASDAQ:ONDS) $200M stock offering close?
What is the underwriters' option in Ondas Holdings' stock offering?
