Ondas Inc. Completes Acquisition of Cyberhawk for $118.2M and Stock

What Happened
Ondas Inc. announced on August 10, 2026 that it completed its previously disclosed acquisition of Cyberhawk Holdings Limited. Under the June 17, 2026 Share Purchase Agreement, Ondas acquired 100% of Cyberhawk for $118.2 million in cash and 581,732 shares of Ondas common stock. The transaction closed on the stated Completion Date, August 10, 2026.

Key Details

• Acquisition price: $118.2 million cash + 581,732 shares of Ondas common stock (par value $0.0001).
• Closing date: August 10, 2026. The Share Purchase Agreement was dated June 17, 2026.
• Transfer and resale limits: the issued shares are restricted from transfer for 1 year; sellers are also subject to an 18‑month lock-up/daily trading volume cap allowing aggregate daily sales up to each seller’s pro rata portion of 10% of the average daily trading volume.
• Company actions: Ondas agreed to file a prospectus supplement under Rule 424(b)(7) to permit resale of the shares subject to the lock-up/registration terms. Nevada counsel’s opinion on legality of the share issuance is filed as an exhibit.
• Financial statements and pro forma info: not required under Regulation S‑X (Rule 3‑05(b) and Article 11), per the filing.

Why It Matters
This acquisition expands Ondas’ business by adding Cyberhawk’s operations (transaction specifics were not restated in financial detail in the 8‑K). The deal used a mix of cash and equity consideration, which affects Ondas’ cash resources and increases its issued shares by at least the 581,732 shares issued to sellers. The lock-up and registration terms give sellers a path to resell shares over time while limiting immediate selling pressure. Investors should note there are no pro forma or audited financial statements filed with this 8‑K and should watch for future disclosures (earnings, pro forma, or integration updates) for financial impact.