Ondas Holdings Inc. Subsidiary Amends Maturity Date for $7 Million in Convertible Notes to December 2025

Reuters
04 Jul
<a href="https://laohu8.com/S/ONDS">Ondas Holdings Inc.</a> Subsidiary Amends Maturity Date for $7 Million in Convertible Notes to December 2025

Ondas Holdings Inc., through its subsidiary Ondas Networks Inc., has announced an amendment to the maturity dates of its existing financial obligations. On July 3, 2025, Ondas Networks entered into a Letter Agreement with various signatories to extend the maturity date of several convertible and secured promissory notes to December 31, 2025. These notes include those purchased by Charles & Potomac Capital, LLC in July 2024, a $1.5 million loan from C&P in September 2024, and additional secured convertible promissory notes purchased by a private investor group in November 2024 and January 2025. This strategic decision is aimed at providing Ondas Networks with increased financial flexibility as it continues its operations and growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ondas Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-061556), on July 03, 2025, and is solely responsible for the information contained therein.

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