Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
On November 12, 2020, Ondas Holdings Inc. (the "Company") filed a Certificate of
Change to the Company's Articles of Incorporation with the Secretary of State of
the State of Nevada to effect a one-for-three reverse stock split of its issued
and outstanding Common Stock (the "Reverse Stock Split"). The Reverse Stock
Split will be effective at 5:31 p.m., Eastern Time, on November 13, 2020. No
fractional shares will be issued as a result of the Reverse Stock Split. Any
fractional shares that would result from the Reverse Stock Split will be rounded
up to the nearest whole share. Following the reverse stock split, the Company
will have 116,666,667 shares of Common Stock authorized and approximately
19,796,029 shares of Common Stock outstanding. The Company expects that upon the
opening of trading on November 16, 2020, its Common Stock will trade on the
OTCQB on a split-adjusted basis under the current trading symbol "ONDS" and the
new CUSIP number 68236H 204. A copy of the Certificate of Change is attached as
Exhibit 3.1 and incorporated herein by reference.
Item 8.01. Other Events.
On November 13, 2020, the Company issued a press release announcing the Reverse
Stock Split. A copy of the press release is attached as Exhibit 99.1 and
incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Exhibit Description
3.1 Certificate of Change.
99.1 Press release, dated November 13, 2020.
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