Aug. 27 at 1:09 AM
$ONDS On August 20, 2025, Ondas Holdings Inc. (the “Company” or “Ondas”) entered into a certain (i) Share Purchase Agreement (the “SPA”), by and among the Company, Smart Precision Optics S.P.O LTD., a company organized under the laws of the State of Israel (“SPO”), Shamir Investment Entrepreneurship ACS LTD. The Company shall pay an aggregate purchase amount of (i) NIS20,000,000.00 (approximately US
$5,946,805) cash in exchange for share capital (“SPO Shares”) of SPO and (ii) NIS1.00 (approximately US
$0.30) for 51% of the outstanding capital notes of SPO (the “SPO Notes”), with an aggregate outstanding balance of approximately NIS71,000,000 (approximately US
$21,111,160) issued to Shamir by SPO against investments made by Shamir in SPO (the “Acquisition”). Following the closing of the Acquisition, the Company will own the SPO Shares and SPO Notes which shall reflect 51% of the share capital of SPO on a fully diluted basis.
https://www.sec.gov/Archives/edgar/data/1646188/000121390025080778/ea0254382-8k_ondas.htm
