Ondas (ONDS) stock jumps after rebrand plan, Florida HQ move and note-extension filing
Ondas Holdings Inc shares jumped 8.6% to $10.60 after announcing a name change to Ondas Inc. and a headquarters move to West Palm Beach, Florida. Nearly 49.4 million shares traded by 11:04 a.m. ET. The company also amended $8 million in debt maturities to January 15, 2026, and disclosed $10 million in new purchase orders. CEO Eric Brock sold 475,000 shares on December 31 to cover tax obligations.