Ondas announces common stock offering, no amount given

Ondas (ONDS) Holdings announced that it intends to offer and sell shares of its common stock. All of the shares in the proposed offering are to be sold by Ondas. Ondas intends to use the net proceeds from the proposed offering for working capital, general corporate purposes and potential strategic transactions, including acquisitions of businesses or assets, joint ventures or investments in businesses, products or technologies. Oppenheimer & Co. is acting as the sole book-running manager. Northland Capital Markets is acting as the lead manager for the offering. Ladenburg Thalmann & Co. and Lake Street Capital Markets are acting as co-managers for the offering.