Ondas Shares Look to Tuesday After AI Defense Contract and Share Resale Filings
Ondas Inc. closed a $196.6 million all-stock acquisition of Israel’s Omnisys, registering shares for resale tied to recent deals. Ondas shares fell 1.31% to $9.06 Friday, underperforming the Nasdaq Composite ahead of the Memorial Day market closure. A May 21 filing detailed Omnisys sellers face a daily cap on share sales. Omnisys, with 185 employees, is expected to add over $100 million in revenue across 2026 and 2027.