Ondas (ONDS) stock rises in premarket after $1 billion offering priced above market
Ondas Holdings shares rose 3.4% to $14.48 premarket after pricing a $1 billion share-and-warrant offering at $16.45, a 17.5% premium to Thursday’s close. A new SEC filing showed Sentry CS, acquired in November, posted a 2024 net loss of $13.5 million on $11.3 million in sales. CEO Eric Brock is set to appear at the Needham Growth Conference on Jan. 14.