Mintz Advises Placement Agents in Ondas Holdings’ $1B Registered Direct Offering
Mintz advised the placement agents in connection with a $1 billion registered direct offering of 19,000,000 shares of common stock and, in lieu of common stock, pre-funded warrants to purchase up to 41,790,274 shares of common stock. Each share of common stock and each pre-funded warrant was sold with a common stock warrant to purchase two shares of common stock.
Oppenheimer & Co. Inc. acted as the lead placement agent for the offering. Stifel, Nicolaus & Company, Incorporated, Needham & Company, LLC, Lake Street Capital Markets, LLC, Northland Capital Markets, Ladenburg Thalmann & Co. Inc, H.C. Wainwright & Co., LLC, and Maxim Group LLC acted as co-placement agents for the offering.
More information can be found here.
The Mintz team included Alok Choksi, Allyson Wilkinson, and Jocelyn Sun.