Form 8-K · Current Report · Filed 2024-12-27
Ondas Holdings Regains Nasdaq Compliance
Ondas Holdings Inc. announced on December 27, 2024, that it has regained compliance with Nasdaq's minimum bid price requirement, following a period where it had not met the $1.00 minimum bid price for 30 consecutive business days. The company's common stock maintained a closing bid price of $1.00 or greater for the last 10 consecutive business days, thus meeting the requirement and resolving the prior deficiency. The press release detailed the company's achievements in regaining full compliance with all Nasdaq continued listing requirements.
- Filer
- Ondas Holdings Inc. ONDS · NASDAQ
- Filed
- Accession
- 0001213900-24-112869
- CIK
- 0001646188
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$2.51
Next session
+11.2%
Since filing
+197.4%
Latest close
$7.46
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ONDS reporting the same item, with the next session's move:
Exhibits (1)
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.
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