New York, Jan 9, 2026, 09:18 (EST) — Premarket
- Ondas shares ticked higher early after it priced a $1 billion share-and-warrant deal at a premium
- A fresh SEC filing disclosed unaudited summary financials for Sentry CS, acquired in November
- Investors are looking ahead to the company’s Needham conference appearance on Jan. 14
Ondas Holdings Inc shares were up 3.4% at $14.48 in premarket trading on Friday, after closing at $14.01 in the prior session. The drone and private-wireless firm said it priced a $1 billion registered direct offering at $16.45 per share-and-warrant bundle, about 17.5% above Thursday’s close. Ondas said the sale covers 19 million shares and pre-funded warrants for up to 41.79 million shares, each paired with a seven-year warrant to buy two more shares at $28, with the deal expected to close on or about Jan. 12 and proceeds aimed at acquisitions and other strategic growth. (MarketWatch)
The offering matters now because a premium-priced deal is not the usual pattern for small-cap financings, which more often come at a discount when a company needs cash fast. A registered direct offering is sold straight to a specific investor under an existing SEC registration, rather than through a broad roadshow.
Pre-funded warrants are effectively shares once exercised; buyers typically use them to pay most of the price up front while staying under ownership caps. For traders, the structure is a two-sided signal: fresh money on one hand, and a large new paper stack on the other.
In a separate SEC filing, Ondas disclosed unaudited summary financials for Israel-based Sentry CS Ltd, which it acquired in November. The filing showed Sentry posted sales of $11.348 million in 2024 and a net loss of $13.514 million; for the six months ended June 30, 2025, sales were $10.979 million and the net loss was $4.543 million. Ondas said the figures were preliminary and that it expects to file full historical and unaudited pro forma financial statements within 71 days of the original acquisition report.
Ondas has scheduled a fireside chat for CEO Eric Brock at the Needham Growth Conference on Jan. 14, with one-on-one meetings planned throughout the day, the company said. Ondas markets autonomous aerial and ground systems and counter-drone technology through its Ondas Autonomous Systems unit, and private wireless technology through Ondas Networks. (Ondas Holdings Inc.)
The near-term watch is simple: whether the stock can hold up as the financing moves toward closing, and whether any follow-on filings clarify the eventual share count once warrants and pre-funded warrants enter the mix. Investors will also be scanning for hints on how aggressively Ondas plans to deploy the cash.
But the structure cuts both ways. A big issuance can dilute existing holders, and long-dated warrants can hang over the stock if the market treats them as an overhang rather than dry powder.
Next up is Brock’s appearance at Needham on Jan. 14, a first test for whether the company can put firmer numbers around its 2026 plans.
