Completion of Acquisition or Disposition of Assets · Unregistered Sales of Equity Securities · Other Events
Item 2.01 Completion of Acquisition or Disposition of Assets. On August 10, 2026 (the “Completion Date”), Ondas Inc. (the “Company”) completed the previously announced acquisition of Cyberhawk Holdings Limited, a private company limited by shares incorporated in England and Wales (“Cyberhawk”) (the "Acquisition").…
Filed Aug 10, 2026Accepted Aug 10, 2026, 8:56 AM EDTCIK 1646188Accession 0001193125-26-341399
Ondas Inc. (Nasdaq: ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion solutions, demining and engineering systems, and integrated sensing and communications technologies designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas’ solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.
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Item 2.01Item 2.01 - Completion of Acquisition
Item 2.01 Completion of Acquisition or Disposition of Assets.
On August 10, 2026 (the “Completion Date”), Ondas Inc. (the “Company”) completed the previously announced acquisition of Cyberhawk Holdings Limited, a private company limited by shares incorporated in England and Wales (“Cyberhawk”) (the "Acquisition"). The Acquisition was pursuant to the Share Purchase Agreement (the “Agreement”), dated June 17, 2026, by and among the Company, sellers of Cyberhawk, as set forth on Schedule 1 therein (the “Sellers”), and Christopher Fleming, or such other person appointed from time to time in accordance with the Agreement, solely in his capacity as the representative and agent of the Sellers with the powers set forth in the Agreement.
In accordance with the terms of the Agreement, the Company acquired 100% of the issued and outstanding share capital of Cyberhawk for (i) $118.2 million in cash and (ii) 581,732 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”). The Shares are subject to restrictions on transfer for a period of one (1) year following the Completion Date, during which time the Shares may not be transferred without the Company's prior written consent, other than transfers to certain permitted transferees as set forth in the Registration Rights and Lock-Up Agreement (as defined below).
Additionally, on August 10, 2026, the Company entered into a Registration Rights and Lock-Up Agreement with the Sellers (the “Registration Rights and Lock-Up Agreement”), pursuant to which for a period of eighteen (18) months following the Completion Date, each Seller shall be subject to daily trading volume limitations, whereby a Seller may not sell, in the aggregate, any shares of Common Stock issued to such Seller pursuant to the Agreement on any trading market in any single trading day to the extent such sales would exceed such Seller’s pro rata portion of ten percent (10%) of the average daily trading volume of the Common Stock with respect to such trading day. The Company also agreed to file with the Securities and Exchange Commission a prospectus supplement pursuant to Rule 424(b)(7) under the Securities Act of 1933, as amended (the “Securities Act”), providing for the resale by the Sellers of the Shares, subject to the restrictions set forth in the Registration Rights and Lock-Up Agreement.
A copy of the opinion of Snell & Wilmer L.L.P., Nevada counsel for the Company, relating to the legality of the issuance of the Shares is attached as Exhibit 5.1 hereto.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02 Unregistered Sales of Equity Securities.
The disclosure included in Item 2.01 of this Current Report on Form 8-K is incorporated herein by reference. The issuance of the Shares (as defined above) in Item 2.01 are exempt from the registration requirements of the Securities Act in accordance with Regulation D, as transactions by an issuer not involving a public offering, and Regulation S, as sales to non-U.S. investors outside of the United States.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
Also on August 10, 2026, the Company issued a press release announcing the Acquisition. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(a) Financial statements are not required in connection with the Acquisition pursuant to Rule 3-05(b) of Regulation S-X.
(b) Pro forma financial information is not required in connection with the Acquisition pursuant to Article 11 of Regulation S-X.
(d) Exhibits. The following exhibits are being filed with this Current Report on Form 8-K.
Exhibit No. Description
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5.1 Opinion of Snell & Wilmer L.L.P. (Nevada counsel).
23.1 Consent of Snell & Wilmer L.L.P. (Nevada counsel) (included in Exhibit 5.1).
99.1 Press Release, dated August 10, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Filed exhibits (1)
EX-99.1 (by filename) onds-ex99_1.htm
EX-99.1
3
onds-ex99_1.htm
EX-99.1
EX-99.1
Exhibit 99.1
Ondas Completes Previously Announced Acquisition of Cyberhawk, a Leader in AI-Powered Critical Infrastructure Intelligence
Cyberhawk expands Ondas' leadership in critical infrastructure intelligence with AI-enabled drone inspection, visual data management, and asset analytics
Expands Ondas' reach into high-value critical infrastructure and industrial inspection markets that are growing rapidly, driven by technology and regulatory advancements
WEST PALM BEACH, FL / August 10, 2026 / Ondas Inc. (Nasdaq: ONDS) ('Ondas' or the 'Company'), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, today announced the completion of its previously announced acquisition of Cyberhawk, a global leader in drone-enabled inspection, visual data management and AI-powered asset intelligence solutions for critical infrastructure operators.
The acquisition significantly expands Ondas' capabilities in critical infrastructure intelligence by adding Cyberhawk's software-enabled inspection platform, AI-driven analytics and global customer relationships. Cyberhawk has decades of op…