Ondas Holdings Inc. (ONDS) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ONDS currently has 496M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 246.52% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 18, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement for the resale of 2,264,491 shares of common stock issued in connection with the acquisition of Mistral, Inc. |
500M | 0 |
| May 15, 2026 |
10-Q filing | 495.8M shares outstanding |
500M | 0 |
| May 08, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement covering the resale of 6,351 shares of its common stock by certain stockholders who acquired the shares in connection with the acquisition of World View Enterprises Inc. |
470M | 0 |
| May 05, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement covering the resale of 2,535,496 shares of common stock by certain stockholders who acquired the shares in connection with the Company's acquisition of Mistral, Inc. |
470M | 0 |
| Apr 24, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement covering the resale of 1,455,388 shares of its common stock by certain stockholders who acquired the shares in connection with the Company's acquisition of World View Enterprises Inc. |
470M | 0 |
| Apr 17, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement for the resale of 2,328,342 shares of its common stock by certain stockholders who acquired the shares in connection with the company's acquisition of World View Enterprises Inc. |
470M | 0 |
| Apr 02, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement covering the resale by certain stockholders of 4,400,561 shares of the Company's common stock, which the stockholders acquired in connection with the Company's acquisition of World View Enterprises Inc. |
470M | 0 |
| Mar 30, 2026 |
10-K filing | 467.1M shares outstanding |
470M | 0 |
| Mar 18, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement covering the resale of 3,358,097 shares of its common stock by certain stockholders who acquired the shares in connection with the acquisition of Bird Aerosystems Ltd. |
370M | 0 |
| Mar 11, 2026 |
8-K filing: Certain stockholders resold 6,933,110 shares of the Company's common stock, acquired in connection with the Company's acquisition of Bird Aerosystems Ltd. |
370M | 0 |
| Jan 23, 2026 |
8-K filing: Ondas Networks Inc., a subsidiary of Ondas Inc., completed a Series B Preferred Stock Purchase Agreement for an investment of $8.4 million, issuing 303,250 shares of Preferred Stock at $27.70 per share and 667,551 shares of Preferred Stock upon exercise of warrants and conversion of convertible notes. ($8.4M proceeds) |
370M | 0 |
| Jan 22, 2026 |
8-K filing: Ondas Inc. filed a prospectus supplement for the resale of 1,622,607 shares of the Company's common stock by certain stockholders, who acquired the Shares in connection with the Company's acquisition of Sentry CS Ltd. |
370M | 0 |
| Jan 12, 2026 |
8-K filing: Ondas Holdings Inc. entered into a placement agent agreement with Oppenheimer & Co. Inc. for an offering of shares of common stock or pre-funded warrants, accompanied by warrants to purchase common stock, with the offering expected to close on or about January 12, 2026. ($959.2M proceeds) |
370M | 0 |
| Dec 17, 2025 |
8-K filing: Ondas Holdings Inc. issued 5,299,482 shares of common stock on December 17, 2025, and will issue approximately 2,389,203 shares on January 5, 2026, in exchange for convertible notes, warrants, and common stock of its subsidiary, Ondas Autonomous Systems Inc. |
370M | 0 |
| Nov 13, 2025 |
10-Q filing | 368.5M shares outstanding |
370M | 0 |
| Oct 27, 2025 |
8-K filing: Ondas Holdings Inc. entered into a Share Purchase Agreement to acquire 70% of the issued and outstanding share capital of 4M Defense Ltd. by paying $2,400,000 in cash and issuing 801,068 shares of Ondas Holdings Inc.'s common stock. |
220M | 0 |
| Oct 07, 2025 |
8-K filing: Ondas Holdings Inc. closed an underwritten offering of 19,560,000 shares of common stock and warrants to purchase 73,920,000 shares of common stock, with net proceeds to the Company of approximately $407.2 million. ($224.94M proceeds) |
220M | 0 |
| Sep 10, 2025 |
8-K filing: Ondas Holdings Inc. completed an underwritten registered direct offering of 46,000,000 shares of common stock at a price of $5.00 per share, resulting in net proceeds of approximately $217 million. |
220M | 0 |
| Aug 14, 2025 |
8-K filing: Ondas Holdings Inc. closed an underwritten public offering of 46,160,000 shares of common stock at a price of $3.25 per share, with net proceeds to the Company of approximately $141.3 million. ($141.3M proceeds) |
220M | 0 |
| Aug 12, 2025 |
10-Q filing | 219.2M shares outstanding |
220M | 0 |
| Jun 11, 2025 |
8-K filing: Ondas Holdings Inc. closed an underwritten public offering of 22,400,000 shares of common stock and pre-funded warrants to purchase up to 9,600,000 shares, with the underwriter exercising an option to purchase an additional 4,800,000 shares, resulting in net proceeds of approximately $42.8 million. |
140M | 31M |
| May 15, 2025 |
10-Q filing | 137.4M shares outstanding |
140M | 31M |
| Apr 18, 2025 |
S-3 filing: The Registration Statement registers the offering and sale of an indeterminate amount and number of the company's Common Stock, Preferred Stock, Debt Securities, Warrants, and Units up to an aggregate offering price of $225,000,000. |
110M | 63M |
| Mar 12, 2025 |
10-K filing | 105.7M shares outstanding |
110M | 63M |
| Nov 12, 2024 |
10-Q filing | 70.7M shares outstanding |
71M | 98M |
| Aug 30, 2024 |
8-K filing: Ondas Holdings Inc. closed a registered direct offering on August 30, 2024, selling 5,333,334 shares of common stock along with Series A and Series B warrants to an institutional investor at a combined price of $0.75 per share and warrant, resulting in gross proceeds of approximately $4.0 million before deducting fees and expenses. ($8.0M proceeds) |
66M | 100M |
| Aug 14, 2024 |
10-Q filing | 66.4M shares outstanding |
66M | 100M |
| May 15, 2024 |
10-Q filing | 63.0M shares outstanding |
63M | 110M |
| Apr 01, 2024 |
10-K filing | 65.6M shares outstanding |
66M | 100M |
| Feb 26, 2024 |
8-K filing: Ondas Holdings Inc. consummated offerings for approximately $8.6 million gross proceeds, including the sale of 3,616,071 shares of common stock and warrants by Ondas and the sale of preferred stock and warrants by Ondas Networks Inc. ($8.6M proceeds) |
62M | 110M |
| Feb 09, 2024 |
S-3/A filing: The filing relates to the sale from time to time in one or more offerings of up to $175,000,000 of shares of the company's common stock, preferred stock, debt securities, warrants to purchase the company's common stock, preferred stock or debt securities, and units. |
54M | 110M |
| Feb 09, 2024 |
S-3/A filing: The selling stockholder may offer and sell from time to time up to an aggregate of 10,200,000 shares of Ondas Holdings Inc. common stock, underlying outstanding Warrants at an exercise price of $0.89 per share issued to the selling shareholder. |
62M | 110M |
| Feb 02, 2024 |
S-3 filing: The selling stockholder may offer and sell from time to time up to an aggregate of 10,200,000 shares of Ondas Holdings Inc. common stock, underlying outstanding Warrants at an exercise price of $0.89 per share issued to the selling shareholder. |
62M | 110M |
| Feb 02, 2024 |
S-3 filing: The filing is an S-3 registration statement relating to the sale from time to time of up to $175,000,000 of shares of common stock, preferred stock, debt securities, warrants to purchase common stock, preferred stock or debt securities, and units. |
54M | 110M |
| Nov 14, 2023 |
10-Q filing | 53.9M shares outstanding |
54M | 0 |
| Aug 16, 2023 |
8-K filing: Ondas Networks Inc. completed a second closing on August 11, 2023, resulting in gross proceeds of $3,491,483 from the sale of 99,885 shares of preferred stock and warrants to purchase 2,374,208 shares of Ondas Holdings Inc. common stock. ($15.0M proceeds) |
51M | 0 |
| Aug 14, 2023 |
10-Q filing | 51.1M shares outstanding |
51M | 0 |
| Jul 24, 2023 |
8-K filing: Ondas Holdings Inc. subsidiary, Ondas Networks Inc., completed the initial closing of a preferred stock sale, generating gross proceeds of $11,508,517 through the issuance of preferred stock and warrants, and amended agreements related to convertible notes. ($11.51M proceeds) |
48M | 0 |
| Jul 10, 2023 |
8-K filing: Ondas Networks Inc. entered into a Preferred Stock Purchase Agreement for an investment of at least $15 million, with an initial sale of preferred stock for $10 million and a potential second closing for an additional $10 million. ($10.0M proceeds) |
48M | 0 |
| May 15, 2023 |
10-Q filing | 47.7M shares outstanding |
48M | 0 |
| Mar 14, 2023 |
10-K filing | 49.1M shares outstanding |
49M | 0 |
| Nov 14, 2022 |
10-Q filing | 42.7M shares outstanding |
43M | 0 |
| Oct 26, 2022 |
8-K filing: Ondas Holdings Inc. entered into a registered direct offering of 3% senior convertible notes due 2023, selling $34.5 million in aggregate principal amount of notes to selected institutional investors, resulting in gross proceeds of $30.0 million to the company, with up to 16,235,294 shares of common stock issuable upon conversion or otherwise. ($30.0M proceeds) |
42M | 0 |
| Aug 09, 2022 |
10-Q filing | 42.2M shares outstanding |
42M | 0 |
| Jul 01, 2022 |
S-3 filing: This is an S-3 filing for a shelf offering of common stock by a selling stockholder. 780,000 shares are to be offered. |
43M | 0 |
| May 11, 2022 |
10-Q filing | 41.0M shares outstanding |
41M | 0 |
| Mar 22, 2022 |
10-K filing | 41.0M shares outstanding |
41M | 0 |
| Nov 15, 2021 |
10-Q filing | 40.8M shares outstanding |
41M | 0 |
| Oct 22, 2021 |
S-3 filing: The selling stockholders may offer and sell from time to time up to an aggregate of 8,315,630 shares of Ondas Holdings Inc. common stock, including shares of Common Stock that are outstanding and shares of Common Stock underlying outstanding warrants at an exercise price of $7.89 per share. |
41M | 0 |
| Aug 16, 2021 |
10-Q filing | 39.7M shares outstanding |
40M | 0 |
| Jun 11, 2021 |
8-K filing: Ondas Holdings Inc. completed a public offering of 7,360,000 shares of its common stock at a price of $7.00 per share, resulting in net proceeds of approximately $47.4 million. ($47.4M proceeds) |
27M | 0 |
| May 17, 2021 |
10-Q filing | 26.7M shares outstanding |
27M | 0 |
| May 17, 2021 |
8-K filing: Ondas Holdings Inc. entered into an agreement to acquire American Robotics in exchange for cash, shares of common stock, and warrants. |
27M | 0 |
| Mar 08, 2021 |
10-K filing | 26.6M shares outstanding |
27M | 0 |
| Jan 29, 2021 |
S-3 filing: This is an S-3 shelf registration to register an indeterminate amount of common stock, preferred stock, and debt securities with a total value of $150,000,000. |
27M | 0 |
| Dec 16, 2020 |
8-K filing: Ondas Holdings Inc. announced the underwriters exercised in full and closed on their over-allotment option to purchase an additional 750,000 shares of Common Stock from the Company. |
21M | 2.1M |
| Dec 08, 2020 |
8-K filing: Ondas Holdings Inc. closed a public offering of 5,000,000 shares of common stock at $6.00 per share, resulting in net proceeds of approximately $27.1 million, and 2,350,390 shares of Series A Convertible Preferred Stock mandatorily converted into an aggregate of 979,361 shares of Common Stock. ($27.1M proceeds) |
21M | 2.1M |
| Nov 30, 2020 |
S-1/A filing: This S-1/A filing outlines a proposed offering of common stock with the intention to use the net proceeds for research and development, building product inventory, repaying debt, and for other general corporate purposes. |
21M | 2.1M |
| Nov 19, 2020 |
S-1/A filing: Ondas Holdings Inc. is offering common stock at an assumed price of $14.00 per share, with underwriters having the option to purchase additional shares. The company intends to use the net proceeds for research and development, product inventory, debt repayment, and general corporate purposes. |
22M | 0 |
| Nov 18, 2020 |
S-1/A filing: Ondas Holdings Inc. is offering shares of common stock in an S-1/A filing dated 2020-11-18. The last reported sale price of the common stock on OTCQB Market as of November 16, 2020, was $14.00. They have applied to list their common stock on The Nasdaq Stock Market under the symbol "ONDS." |
22M | 0 |
| Nov 13, 2020 |
Stock Split
8-K filing: Stock split 1-for-3 | Outstanding: 59,269,390 → 19,796,029 |
20M | 0 |
| Nov 06, 2020 |
10-Q filing | 59.3M shares outstanding |
59M | 0 |
| Oct 26, 2020 |
S-1 filing: Ondas Holdings Inc. is filing an S-1 to offer common stock to the public. |
59M | 0 |
| Sep 01, 2020 |
8-K filing: Ondas Holdings Inc. completed the sale of 717,500 shares of Series A Convertible Preferred Stock at $2.00 per share, generating gross proceeds of $1.435 million and net proceeds of approximately $1.310 million. ($1.44M proceeds) |
59M | 0 |
| Aug 17, 2020 |
8-K filing: Ondas Holdings Inc. sold an aggregate of $3.0 million of its Series A Convertible Preferred Stock at a cash purchase price of $2.00 per share, issuing 1,500,000 shares, with Eric Brock, the Company's CEO, purchasing 157,500 shares. ($3.0M proceeds) |
59M | 0 |
| Aug 17, 2020 |
10-Q filing | 59.3M shares outstanding |
59M | 0 |
| Jun 24, 2020 |
10-Q filing | 59.3M shares outstanding |
59M | 0 |
| Jun 03, 2020 |
8-K filing: On May 6, 2020, the Compensation Committee granted stock options to purchase an aggregate of 1,499,000 shares of the Company's common stock with an exercise price of $2.13 per share to employees and consultants. |
59M | 0 |
| May 07, 2020 |
8-K filing: On May 6, 2020, the company issued warrants to purchase shares of common stock and granted stock options to purchase shares of common stock. |
59M | 0 |
| Mar 13, 2020 |
10-K filing | 59.3M shares outstanding |
59M | 0 |