Ondas Holdings Inc. Notes to Unaudited Pro Forma Condensed Combined Financial Statements UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTSPlan of Merger and Equity Purchase Agreement • September 24th, 2021 • Ondas Holdings Inc. • Radio & tv broadcasting & communications equipment
On May 17, 2021, Ondas Holdings, Inc. (the “Company”) entered into a Plan of Merger and Equity Purchase Agreement (the “Agreement”) with Drone Merger Sub I Inc., a Delaware corporation and a direct wholly owned subsidiary of the Company (“Merger Sub I”), Drone Merger Sub II Inc., a Delaware corporation and a direct wholly owned subsidiary of the Company (“Merger Sub II”), American Robotics, Inc., a Delaware corporation (“American Robotics”), and Reese Mozer, solely in his capacity as the representative of American Robotics’ Stockholders (as defined in the Agreement).
