Ondas Holdings (ONDS) stock ticks higher premarket as name-change plan and January catalysts take center stage
Ondas Holdings shares rose 1.8% to $11.22 in premarket trading Monday after a 12.9% gain Friday. The company plans to rename itself Ondas Inc. and has moved its headquarters to West Palm Beach, Florida. SEC filings show a 2.39 million share issuance set for Jan. 5 and a subsidiary note-maturity extension to Jan. 15. Ondas expects a $56.6 million non-cash charge tied to the share exchange.