Ondas stock slips ahead of Friday Investor Day as $1 billion deal hangs over shares

Ondas Holdings Inc shares jumped 5.4% to $13.89 in premarket Wednesday following news that the company has completed a roughly $1 billion share-and-warrant sale to an institutional investor.

Ondas Holdings Inc shares climbed roughly 5.4% to $13.89 in after-hours trading Tuesday, following the company’s announcement of completing a $1 billion stock and warrant offering.

Shares of Ondas Holdings Inc climbed 1.3% in premarket Tuesday following the completion of a $1 billion stock-and-warrant offering. The stock last traded at $13.36.

Ondas Holdings Inc shares closed lower Friday following the announcement of a $1 billion stock and warrant offering. The deal was set at a premium to Thursday’s close, a move that could quickly dilute shares in this small-cap stock.

Ondas Holdings Inc shares slipped 2.3% to close at $13.69 on Friday after the company announced a $1 billion registered direct offering, pricing stock and warrants at $16.45 per package. That price marks roughly a 17.5% premium to the stock’s Jan. 8 closing level. The Nasdaq-listed stock traded in a range from $15.10 down to $13.59, with volume hitting about 114 million shares.

Ondas Holdings Inc shares slid 2.3% to close at $13.69 on Friday, bouncing between $15.10 and $13.59 throughout the session as the market absorbed news of the company’s $1 billion financing deal.

Ondas Holdings Inc. shares dropped 2.3% to $13.69 in after-hours trading Friday, following a range between $13.61 and $15.09 on roughly 114 million shares changing hands.

Ondas Holdings Inc. shares rose about 3% on Friday, trading at $14.44, after the company said it priced a $1 billion registered direct offering of stock and warrants.

Ondas Holdings Inc shares were up 3.4% at $14.48 in premarket trading on Friday, after closing at $14.01 in the prior session. The drone and private-wireless firm said it priced a $1 billion registered direct offering at $16.45 per share-and-warrant bundle, about 17.5% above Thursday’s close. Ondas said the sale covers 19 million shares and pre-funded warrants for up to 41.79 million shares, each paired with a seven-year warrant to buy two more shares at $28, with the deal expected to close on or about Jan. 12 and proceeds aimed at acquisitions and other strategic growth.

Ondas Holdings Inc shares rose 4.6% to $14.66 in premarket trading on Friday, extending a sharp run after fresh SEC paperwork set up a resale of stock tied to its Sentry CS acquisition. The stock closed Thursday at $14.01.

Ondas Holdings Inc. shares rose 14.9% to $14.01 in late after-hours trade on Thursday, swinging between $12.56 and $14.99 on the day in heavy volume.

Ondas Holdings Inc shares were up about 19% at $14.55 on Thursday morning, as the drone and private wireless technology company stayed on traders’ radar after a string of corporate updates.

Ondas Holdings Inc shares slid in early U.S. trading on Thursday after the company filed paperwork registering more stock for potential resale tied to its acquisition of Israeli counter-drone firm Sentry CS. ONDS was down about 5% at $12.18 shortly after the open. Ondas Holdings Inc.