According to the latest filing by the U.S. Securities and Exchange Commission (SEC), Ondas Holdings Inc. (ONDS) has reached an agreement to acquire Mistral for a total price of $175 million.

The consideration for this transaction is noteworthy, with as much as $122.5 million to be paid through the issuance of common stock of Ondas Holdings Inc. This acquisition highlights the company's intention to pursue strategic expansion using equity. By using common stock as the primary means of payment, Ondas Holdings Inc. is not only able to complete the acquisition of Mistral, but may also be aiming to optimize its capital structure and cash position. The transaction details have been officially submitted to the SEC, marking a critical stage in the acquisition process.