New York, Jan 21, 2026, 09:11 (EST) — Premarket
- Ondas shares climbed roughly 8%, reaching $13.13 ahead of the market open
- According to the filing, Ondas intends to drop RRBB as auditor following its 2025 audit, naming BDO to take over in 2026
- Company confirmed no accounting disputes with RRBB, though earlier audit reports featured a “going concern” paragraph
Ondas Inc shares jumped about 8% to $13.13 in premarket trading Wednesday after announcing a switch in auditors. The company plans to replace Rosenberg Rich Baker Berman, P.A. with BDO USA. Ondas will finish its 2025 financial audit and annual report with RRBB, then BDO takes over for fiscal year 2026. The filing noted no accounting disputes or “reportable events” with RRBB, although recent auditor reports included a “substantial doubt” paragraph regarding Ondas’s ability to continue as a going concern.
Auditor changes usually come across as routine. But for small firms, they can still strike a chord since the external auditor signs off on both the yearly figures and the controls supporting them.
Timing is crucial. Ondas is approaching its 2025 annual report, the moment when audited results become public and every word of the auditor’s opinion is scrutinized closely.
A “going concern” paragraph signals auditor doubts about a company’s ability to stay afloat over the next 12 months without more funding. It’s not a bankruptcy declaration, but it can tighten a firm’s maneuvering room and unsettle investors.
RRBB, in a letter submitted to the SEC, confirmed it concurred with the company’s comments on the planned dismissal and the “absence of any disagreements or reportable events.” It also noted it was unable to agree or disagree with other statements in the filing.
Ondas has updated its corporate structure. A separate filing revealed the company officially changed its name from Ondas Holdings Inc. to Ondas Inc., effective Jan. 16.
Listed on Nasdaq, the company offers private wireless networking products via its Ondas Networks division and markets commercial drone solutions through subsidiaries like American Robotics and Airobotics, according to its investor relations page. (Ondas Inc.)
Auditor switches, however, often take longer than expected. They can trigger more review steps, push up expenses, and raise the chance that an annual filing misses its deadline if schedules get squeezed.
Traders are eyeing Ondas’ 2025 Form 10-K along with the accompanying auditor’s report, looking for any shifts in tone or timing in the company’s annual results triggered by the transition.
