SUNNYVALE, Calif., Jan. 03, 2019 –Ondas Holdings Inc. (OTCQB: ONDS) announced today that it intends to conduct a private placement offering for up to $25 million of its common stock (the “Offering”). The Company intends to use the net proceeds of the Offering to expand its operations, invest in sales and marketing, and repay debt.

The securities to be offered in the Offering have not been registered under the Securities Act of 1933, as amended, or the securities laws of any state of the United States and may not be offered or sold in the United States absent such registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy securities nor shall there be any sale of the securities referenced herein in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. The securities referenced herein have not been approved or disapproved by the Securities and Exchange Commission (the “SEC”) or by any other federal or state regulatory authority.