Ondas Holdings shares are trading higher after the company announced that its subsidiary Ondas Networks entered into an investment agreement with a private investor group led by Charles & Potomac Capital for an investment of at least $15 million.
Portfolio Pulse from Benzinga Newsdesk
Ondas Holdings announced that its subsidiary, Ondas Networks, has entered into an investment agreement with a private investor group led by Charles & Potomac Capital. The investment is expected to be at least $15 million.
July 10, 2023 | 7:26 pm
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Ondas Holdings' subsidiary, Ondas Networks, has secured an investment of at least $15 million from a group led by Charles & Potomac Capital. This could provide a financial boost to the company.
The investment of at least $15 million into Ondas Networks, a subsidiary of Ondas Holdings, could provide a significant financial boost to the company. This could potentially lead to increased investor confidence and a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100