Brief: Ondas Holdings Says Certain Note Holder Elects To Purchase $11.5 Mln Convertible Notes

Ondas

24/07/2023 14:37

July 24 (Reuters) - Ondas Holdings Inc  ONDS.O :
    * ONDAS HOLDINGS ANNOUNCES NOTE HOLDER ELECTS TO PURCHASE
$11.5
MILLION OF CONVERTIBLE NOTES AND $11.5 MILLION INITIAL CLOSING
OF PREVIOUSLY ANNOUNCED INVESTMENT IN ONDAS NETWORKS
    * ONDAS HOLDINGS- ONDAS NETWORKS EXPECTS TO RECEIVE
ADDITIONAL
INVESTMENT OF $3.5 MILLION WITHIN THIRTY DAYS FROM AN INVESTOR
GROUP LED BY THE C&P GROUP
    * ONDAS HOLDINGS - CO,THE NOTE HOLDER AGREED TO EXTEND THE
MATURITY OF THE EXISTING CONVERTIBLES NOTES ORIGINALLY ISSUED IN
OCTOBER 2022 TO APRIL 2025

Source text: (https://ury1.com/6JEKb)
Further company coverage:  ONDS.O 

 ((Reuters.Briefs@thomsonreuters.com;))