Ondas holdings inc. announces closing of $173 million public offering including full exercise of overallotment option

Boston, massachusetts / access newswire / august 15, 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, announced today the closing of its underwritten public offering of 53,084,000 shares of its common stock, which includes 6,924,000 shares of common stock sold pursuant to the exercise in full by the underwriter of their over-allotment option. ondas estimates net proceeds from the offering to be approximately $163 million, after deducting underwriting discounts and commissions and estimated offering expenses.
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