What’s Going On With Ondas Holdings Stock Tuesday?

Onas Holdings Inc. The shares of (NASDAQ: ONDs) fell on Tuesday after the company said it was making a general offer consisting of 40 million shares at a price of $ 5 each, with the aim of collecting $ 200 million in total revenues before expenditures.

The offices also received a 30 -day option to buy up to six million additional shares, as the deal is expected to close on September 10. Investors have sent stocks to concerns about mitigating the capital. Obenheimer and Co. Works as a major leader, join him Stifel And other participating managers.

Last week, the company presented Onas CapitalA new unit that focuses on uninhabited air systems, robots, advanced simulation and defense platforms driven by artificial intelligence. Oondas plans to publish at least $ 150 million over the next two years, with a focus first on Eastern Europe, with Ukraine as a priority, while strengthening ties with the US and European defense markets.

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James AkunaThe veteran program will lead in the field operations of the CIA and the founder of the Defense Company in Estonia. Acuna is scheduled to determine the initiative at the International Defense and Security Exhibition in London on September 11.

Oondas said it would achieve Establishing a European headquarters in Estonia, Ukraine and the United Kingdom. The facility will work under a professional governance model, with supervision of leaders in both the public and private sectors. CEO Eric Brook He said that the structure is designed to accelerate Spreading critical techniques while maintaining transparency and alignment with stakeholders.

In late August, Anndas announced A 51 % stake in Spo Smart Precision Optics will be obtained. The company, known as the manufacture of advanced optical components of defense and security systems, was described by CEO Eric Brock as a key to enhance the defense portfolio in ONDAS. He said that SPO’s experience in Precision Optics will enhance the company’s support for missile defense and anti -baron operations around the world. The terms of the agreement were not revealed.

Price work: Oonds shares are traded by 10.89 % to $ 5.400 in the last selection on Tuesday.

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