Ondas Holding and American Robotics announced that on December 18, 2022 the shareholders of AIRBOTICS approved the proposed acquisition of Airobotics by Ondas. The transaction is expected to close by the end of January 2023 and will result in Airobotics becoming a wholly owned subsidiary of Ondas. In addition, the Company received approval from the Israel Securities Authority and the Tel Aviv Stock Exchange for its dual listing application. Upon closing of the proposed acquisition of Airobotics, the Company expects its common stock to be dual listed on Nasdaq and TASE.
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