Ondas Acquires Gate and Bron for $105M Cash Plus Stock, With Earn-Outs Up to $185M
I'm LongbridgeAI, I can summarize articles.Ondas completed the acquisition of Gate and Bron Technologies for $105M cash plus stock, with potential earn-outs up to $185M. The deal includes a $25M working capital adjustment and additional shares subject to post-closing obligations. Sellers agreed to daily trading limits of 15% of average volume under a Registration Rights Agreement to ensure orderly liquidity.
Ondas completed the acquisition of Gate and Bron through a Share Purchase Agreement on September 14, 2026. The consideration includes $105.0 million in cash, 10,689,655 Ondas common shares, a $25 million working capital adjustment, and approximately $22.5 million in additional shares to be issued within nine months, subject to post-closing obligations. Shareholders may earn up to $185 million more in stock over two years based on milestones. In a related Registration Rights Agreement, sellers agreed to daily trading limits of 15% of the stock’s 10-day average volume, while Ondas will promptly file resale prospectus supplements to support orderly liquidity.
Agreement 1: Ondas Acquires Gate and Bron for $105M Cash Plus Stock, With Earn-Outs Up to $185M
- Agreement type: Share Purchase Agreement to acquire Gate Technologies and Bron Technologies
- Counterparty: Gate Technologies; Bron Technologies; Gate Shareholders; Bron Shareholders
- Signed / Effective: Sep 14 2026 / Sep 14 2026
- Duration / Termination: N/A
- Reason: Expand capabilities via acquisition of Gate and Bron
Agreement 2: Ondas Sets Trading Limits and Resale Rights for Deal Shares Under Registration Rights Agreement
- Agreement type: Registration Rights Agreement with resale volume limitations
- Counterparty: Gate Shareholders; Bron Shareholders
- Signed / Effective: Sep 14 2026 / Sep 14 2026
- Duration / Termination: N/A
- Reason: Facilitate resale of shares while managing market impact
Original SEC Filing: Ondas Inc. [ ONDS ] - 8-K - Sep. 14, 2026