New York, January 12, 2026, 10:36 (EST) — Regular session
- Shares of Ondas Holdings Inc fell roughly 3.4% in early trading.
- A recent SEC filing detailed a $1 billion stock-and-warrant sale expected to close near Jan. 12, according to the company.
- Investors are turning their focus to management’s appearances on Jan. 14 and Jan. 16 for insights on strategy and the 2026 outlook.
Shares of Ondas Holdings Inc fell 3.4% to $13.22 early Monday, after fluctuating between $13.21 and $15.23. A filing signed the same day revealed the company anticipates net proceeds near $959.2 million from a $1 billion stock-and-warrant offering, set to close around Jan. 12.
This deal is crucial because it instantly reshapes the company’s cash reserves. At the same time, it introduces a hefty chunk of potential new shares and warrants, which could limit short-term gains as traders price in dilution.
A registered direct offering involves selling securities to investors through an SEC registration and usually moves quicker than a broad marketed deal. Pre-funded warrants, on the other hand, are nearly fully paid common shares, carrying a small exercise price, commonly used to handle ownership restrictions.
Ondas announced it priced 19 million shares and, instead of stock, pre-funded warrants allowing purchase of up to 41.79 million shares, plus common warrants for as many as 121.58 million shares. The entire offering came in at $16.45, which the company said is about a 17.5% premium over the Jan. 8 closing price. Common warrants are exercisable at $28 per share. (Ondas Holdings Inc.)
Ondas is positioning itself as a defense and security tech platform focused on autonomous systems and private wireless networks. Earlier this month, Chairman and CEO Eric Brock announced a planned name change to Ondas Inc., saying it would “better align our corporate identity” with the company’s new direction. (Ondas Holdings Inc.)
The company also flagged a wave of investor attention this week: Brock will take part in a fireside chat at Needham’s growth conference on Jan. 14, joined by Needham defense tech analyst Austin Bohlig. (Ondas Holdings Inc.)
Ondas will hold a virtual investor day on Jan. 16, just two days from now. The company said it aims to present an updated business plan and a 2026 outlook, detailing key assumptions and investment priorities. (Ondas Holdings Inc.)
The stock is trading well under the $16.45 deal price, raising a near-term question: will the market see the raise as a floor or just added supply? That gap could trigger short-term hedges and fast profit-taking.
The financing still carries closing conditions, and the extra capital linked to the warrants isn’t assured. If the shares remain under the $28 exercise price, those warrants might never convert into cash.
Ondas is pushing acquisitions and partnerships aggressively. While more deals could boost the narrative, they also increase execution costs and the risk of missteps.
