Ondas (ONDS) stock rises after $1 billion above-market financing — here’s what traders are parsing
Ondas Holdings shares rose about 3% to $14.44 midday Friday after the company priced a $1 billion stock-and-warrant offering at $16.45 per share, a 17.5% premium to the prior close. The deal includes 19 million shares and pre-funded warrants tied to 60.79 million common stock equivalents. An SEC filing also disclosed Sentry CS, acquired in November, posted a $13.51 million net loss on $11.35 million sales in 2024.