According to a filing submitted to the U.S. Securities and Exchange Commission, Ondas Holdings Inc. is currently offering a total of 3.3 million shares of common stock for resale through its selling shareholders.
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This resale involves existing shareholders, not the issuance of new shares by the company. The shares will be sold on the open market, and the proceeds will go to the selling shareholders. The company will not receive any direct benefit from this transaction.
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