Charles & Potomac Capital Ups Stake in Ondas Holdings
Ticker: ONDS · Form: SC 13D/A · Filed: Jun 4, 2024 · CIK: 1646188
Sentiment: neutral
Topics: schedule-13d, beneficial-ownership, amendment
Related Tickers: ONDS
TL;DR
Charles & Potomac Capital just filed an amendment for Ondas Holdings, looks like they're increasing their stake.
AI Summary
On June 4, 2024, Charles & Potomac Capital, LLC filed Amendment No. 3 to Schedule 13D for Ondas Holdings Inc. This filing indicates a change in beneficial ownership, with Charles & Potomac Capital, LLC now holding a significant stake in the company. Joseph V. Popolo is listed as the authorized contact for notices.
Why It Matters
This filing signals a potential shift in control or influence over Ondas Holdings Inc., which could impact its strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate activist investor activity or a significant shift in a company's shareholder base, introducing potential volatility.
Key Players & Entities
- Charles & Potomac Capital, LLC (company) — Filer of the Schedule 13D/A
- Ondas Holdings Inc. (company) — Subject company
- Joseph V. Popolo (person) — Authorized contact for notices
FAQ
What is the specific percentage of Ondas Holdings Inc. common stock beneficially owned by Charles & Potomac Capital, LLC after this amendment?
The filing does not explicitly state the new percentage of beneficial ownership in the provided text, only that it is an amendment to Schedule 13D.
What was the previous beneficial ownership percentage before this Amendment No. 3?
The provided text does not contain information about the previous beneficial ownership percentage.
What is the CUSIP number for Ondas Holdings Inc. common stock?
The CUSIP number for Ondas Holdings Inc. common stock is 68236H204.
Who is the authorized person to receive notices for this filing?
Joseph V. Popolo, located at Commonwealth Hall at Old Parkland, 3899 Maple Avenue, Suite 100, Dallas, Texas 75219, is authorized to receive notices.
What is the business address of Ondas Holdings Inc.?
The business address of Ondas Holdings Inc. is 53 Brigham Street, Unit 4, Marlborough, MA 01752.
Filing Stats: 2,111 words · 8 min read · ~7 pages · Grade level 10.7 · Accepted 2024-06-04 16:15:36
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock par value $0.0001 (Title of Class of Securities) 6823
- $0 — is exercisable at an exercise price of $0.89, on a one-to-one basis until July 21
- $1 — is exercisable at an exercise price of $1.26, on a one-to-one basis until Februar
- $78 — low) for an aggregate purchase price of $78, 232.14, excluding brokerage commission
- $0.7235 — Price per Share May 22, 2024 28,354 $0.7235 (1) May 23, 2024 71,646 $0.8056 (2)
- $0.8056 — 54 $0.7235 (1) May 23, 2024 71,646 $0.8056 (2) (1) The price reported herein is
- $0.693 — ple transactions at prices ranging from $0.693 to $0.77, inclusive. Popolo undertakes
- $0.777 — ple transactions at prices ranging from $0.777 to $0.82, inclusive. ITEM 4. PURPOSE
Filing Documents
- ea0207341-13da3charles_ondas.htm (SC 13D/A) — 88KB
- ea020734101ex99-1_ondas.htm (EX-99.1) — 4KB
- ea020734101ex99-11_ondas.htm (EX-99.11) — 6KB
- ea020734101ex99-12_ondas.htm (EX-99.12) — 6KB
- 0001213900-24-049671.txt ( ) — 105KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned hereby certify that the information set forth in this statement is true, complete and correct. Date: June 4, 2024 CHARLES & POTOMAC CAPITAL, LLC By: /s/ Joseph V. Popolo Name: Joseph V. Popolo Title: Chief Executive Officer Date: June 4, 2024 JOSEPH V. POPOLO /s/ Joseph V. Popolo 6