Ondas Holdings Inc.
Ondas Holdings Inc. Issues Additional Convertible Notes
Summary
Ondas Holdings Inc. issued additional 3% Series B-2 Senior Convertible Notes worth $4.1 million on December 3, 2024, as part of its existing Securities Purchase Agreement. These notes, which have a maturity date of December 3, 2026, were issued to raise funds for the growth of its drone business at Ondas Autonomous Systems. The issuance of these notes constitutes a direct financial obligation for the registrant.
Profitelligence Alerts
Get alerts for ONDS
Be first to know when Ondas Holdings Inc. files with the SEC.
Filing Categories
Exhibits (4)
Advertisement
About Ondas Holdings Inc.
Ondas Holdings Inc. is a technology company specializing in advanced wireless networking solutions. The company's primary function is to develop and provide mission-critical networking infrastructure for the Industrial Internet of Things (IIoT). Ondas Holdings offers its proprietary FullMAX radio platform, which is designed for secure, reliable, and extensive coverage networking in open and challenging environments, making it particularly suitable for industrial and commercial sectors. The industries it impacts include utilities, transportation, and public safety, among others, by providing robust wireless communication networks that enhance operational efficiencies and safety protocols. Ondas Holdings is significant in the market for its innovative approach to addressing the unique communication needs of large-scale enterprises, driving the digital transformation of traditional industries towards more connected and data-driven operations.
Official SEC Documents
Advertisement