Ondas Holdings (ONDS) Stock Drops on Dec. 15, 2025 as Traders Digest Debt Exchange Plan, Defense Deals, and Fresh Analyst Targets
Ondas Holdings shares fell 11.8% to $7.72 Monday on heavy volume after disclosing a plan to convert $5.2 million in subsidiary debt and warrants into up to 7.33 million new shares. The company expects a non-cash charge of up to $60.5 million in Q4 2025. Ten of eleven holders have opted in so far. Ondas aims to finalize exchange agreements this week.