Ondas Inc. (NASDAQ:ONDS) filed a prospectus supplement with the SEC on Thursday for the potential resale of 297 common shares by certain stockholders.
The shares were originally issued in connection with Ondas' acquisition of World View Enterprises Inc., as disclosed on April 1. The issuance was exempt from registration under Section 4(a)(2) and Regulation D, Rule 506.
The prospectus supplement was filed under Ondas' effective Form S-3ASR registration statement. Snell & Wilmer L.L.P. provided a legal opinion on the shares' legality.
Recently, Ondas reported strong Q1 2026 results, with EPS of $0.81, beating expectations, and revenue of $50.1 million. The company also completed the acquisition of Omnisys Ltd. for $196.6 million and secured over $30 million in new orders in May.
This information is based on the company's SEC filing.
