Ondas Inc. completed its acquisition of State of Israel on 2026-03-17, according to the Form 8-K Ondas Inc. filed with the SEC on 2026-03-17. The filing states a price of $5.7 million.
| Acquirer | Ondas Inc. |
|---|---|
| Acquired | State of Israel |
| Completed | 2026-03-17 |
| Price stated in the filing | $5.7 million |
| Reported by | Ondas Inc. (ONDS), the buyer |
| Filing | Form 8-K, filed 2026-03-17 |
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What the filing says
Pursuant to the Agreement, on March 17, 2026, (the "Closing Date"), the Company acquired 100% of the issued and outstanding share capital of Indo (the "Indo Share Capital"), for a purchase price of $5,663,398 in cash (the "Cash Consideration") and 5,493,388 shares (the "Shares") of Company common stock ("Common Stock"), par value $0.0001, including (a) 2,441,506 shares of Common Stock issued on the Closing Date (the "Closing Shares") and (b) 3,051,882 shares of Common Stock to be issued within five business days (the "Second Payment Date") following the achievement of the First Milestone (as defined in the Agreement) (the "Acquisition").
More from the filing
Completion of Acquisition or Disposition of Assets.
On March 17, 2026, Ondas Inc. (the "Company") entered into a Share Purchase Agreement (the "Agreement"), by and among the Company, Indo Earth Moving Ltd., a company organized under the laws of the State of Israel ("Indo"), Indo's shareholders as set forth on Exhibit B thereto (the "Sellers"), and the Shareholders' Agent (as defined in the Agreement).
Pursuant to the Agreement, the Company may declare that the Acquisition is null and void prior to the First Milestone if Indo is not able to meet the full terms of the Tender (as defined in the Agreement).
Quoted from Ondas Inc.'s Form 8-K.
Other acquisitions by Ondas Inc.
| Completed | Acquired | Price stated |
|---|---|---|
| 2025-10-01 | Smart Precision Optics S.P.O LTD | $5.9 million |
| 2025-11-17 | Sentry CS Ltd. | $225 million |
| 2025-12-16 | Robo-Team Holdings Ltd. | $81.7 million |
| 2026-03-16 | Rotron Aerospace Ltd. | $6.7 million |
| 2026-04-01 | World View Enterprises Inc. | $7.3 million |
| 2026-04-24 | Mistral, Inc. | $175 million |
| 2026-05-21 | Omnisys Ltd. | $196.6 million |
| 2026-07-02 | High Point Uas, LLC | $200 million |
| 2026-08-10 | Cyberhawk Holdings Limited | $118.2 million |
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.