Mintz advised the underwriter in connection with the $173 million public offering by Ondas Holdings Inc. of 53,084,000 shares of its common stock, which includes 6,924,000 shares of common stock sold pursuant to the exercise in full by the underwriter of their over-allotment option. Ondas Holdings, Inc. is a leading provider of private industrial wireless networks and commercial drone and automated data solutions. Ondas intends to use the net proceeds of the offering for working capital, general corporate purposes and potential strategic transactions, including acquisitions of businesses or assets, joint ventures or investments in businesses, products or technologies.

Oppenheimer & Co. acted as lead underwriter for the offering.

Additional information available here.

The Mintz Capital Markets team included Alok Choksi, Hannah Karraker, Jocelyn Sun, and Riley Odams. Ari Feder provided tax advice, and Marguerite McConihe, Amy LoBue and Stephanie Stutzmann provided intellectual property advice. Members of the Mintz team are based in the Boston, New York, and San Diego offices.