Ondas Holdings Inc.
Ondas Inc. Increases Authorized Shares for Stock Incentive Plan
Summary
Ondas Inc. announced that its stockholders approved an amendment to the 2021 Stock Incentive Plan, increasing the number of authorized shares for issuance from 61,000,000 to 81,000,000 shares. The amendment was adopted by the Board of Directors on April 9, 2026, and was subject to stockholder approval at the 2026 Annual Meeting held on May 28, 2026. Additionally, the Annual Meeting saw the election of four directors and the ratification of BDO USA, P.C. as the Company's independent certified public accountants for the fiscal year ending December 31, 2026.
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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
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