Joseph Popolo V - 26 Feb 2024 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role
10%+ Owner
Signature
/s/ Joseph V. Popolo
Issuer symbol
ONDS
Transactions as of
26 Feb 2024
Net transactions value
+$2,000,000
Form type
4
Filing time
28 Feb 2024, 16:49:23 UTC
Previous filing
24 Nov 2023
Next filing
23 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONDS Common Stock Purchase $2,000,000 +1,785,714 +128% $1.12 3,183,244 26 Feb 2024 Charles & Potomac Capital, LLC F1, F2
holding ONDS Common Stock 1,284,245 26 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ONDS Warrants (right to buy) Purchase +167,500 167,500 26 Feb 2024 Common Stock 167,500 $1.26 Charles & Potomac Capital, LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased in a registered direct offering pursuant to a Securities Purchase Agreement, dated February 26, 2024, by and between Ondas Holdings Inc. (the "Company") and certain purchasers named therein, as reported on the Company's Current Report on Form 8-K filed February 26, 2024 by the Company (the "Form 8-K").
F2 CFO Fund GenPar, LLC, a Texas limited liability company ("CFO Fund"), is the Managing Member of Charles & Potomac Capital, LLC ("C&P"). The reporting person is the sole control person of CFO Fund and C&P.
F3 These warrants were purchased in a private placement pursuant to a Preferred Stock Purchase Agreement, dated February 26, 2024, by and between Ondas Networks Inc., a subsidiary of the Company, and certain purchasers named therein, as reported on the Form 8-K. These warrants are exercisable for shares of the Company's common stock, par value $0.0001 per share.