Ondas has filed a registration statement covering the resale of up to 6,070,948 shares of its Common Stock by selling stockholders. The shares, which carry a par value of $0.0001 per share, were initially issued to the stockholders in connection with transactions contemplated by Purchase Agreements. This move allows the selling stockholders to offer their holdings to the public, potentially increasing the floating stock available in the market.

The company relied on the exemption from registration provided by Regulation S of the Securities Act of 1933 for the initial issuance of these shares. By filing this resale registration, Ondas facilitates the ability of the selling stockholders to resell the shares in public or private markets. The prospectus supplement identifies the specific selling stockholders and details the amount and terms of the securities being offered.

Selling stockholders retain the discretion to sell some, all, or none of the shares covered by the prospectus. Sales may occur from time to time on the Nasdaq Capital Market, other stock exchanges, or through private transactions. The pricing for these sales could be at fixed prices, prevailing market prices, varying prices determined at the time of sale, or negotiated prices.

The following table outlines the key details of the securities being registered for resale:

Investors are advised to review the prospectus supplement and the accompanying prospectus for detailed information regarding the Plan of Distribution and Use of Proceeds. The document provides necessary context regarding the selling stockholders and the mechanics of the potential share sales.