SCHEDULE: Highlander Partners Discloses Stake in ONDAS Inc.

Highlander Partners, L.P. and affiliated entities have reported beneficial ownership of 5.7% of ONDAS Inc. common stock.

Summary

• Highlander Partners, L.P., along with its affiliates Highlander Partners GP, LLC, Highlander Partners Defense, LLC, and Dzyne Management Holdings, LLC, have collectively reported beneficial ownership of 32,688,035 shares of ONDAS Inc. common stock.
• This represents approximately 5.7% of the total outstanding common stock of ONDAS Inc.
• The filing indicates that the shares are held through Highlander Partners Defense, LLC (32,325,139 shares) and Dzyne Management Holdings, LLC (362,896 shares).
• The reporting persons have shared voting and dispositive power over these shares.
• The percentage ownership is based on 529,838,610 shares outstanding as of July 2, 2026, following a prospectus supplement filed on July 6, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports ownership stakes and does not provide operational or financial performance details of the underlying company.

Positives

• Significant ownership stake reported by Highlander Partners, indicating a substantial investment in ONDAS Inc.
• The reporting entities have a clear structure for managing their beneficial ownership.

Negatives

• The filing does not contain financial performance data or operational updates for ONDAS Inc., making it difficult to assess the underlying business health.
• The disclaimer of beneficial ownership beyond pecuniary interest suggests a complex ownership structure.

Risks

• Potential for increased scrutiny from regulators or other investors due to the significant ownership stake.
• The complex inter-company ownership structure could present governance challenges or opacity.
• The filing is a Schedule 13G, which is typically filed by passive investors, but the scale of the holding might warrant further investigation into the investor's intentions.

Future Outlook

This filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or guidance regarding ONDAS Inc.'s future performance.

Management Comments

• Each Reporting Person disclaims beneficial ownership of the shares described above except to the extent of his or its pecuniary interest therein.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes. The size of this holding (5.7%) suggests a notable investment in the technology or telecommunications sector where ONDAS operates, potentially indicating a belief in the company's future prospects or a strategic positioning.

Stakeholder Impact

• Shareholders: May view the increased stake as a sign of confidence in the company, potentially influencing share price, or may seek clarity on Highlander Partners' intentions.
• Management: May need to engage with Highlander Partners regarding their investment strategy and potential influence.
• Creditors: Unlikely to be directly impacted by this ownership filing unless it signals a change in corporate strategy that affects financial stability.

Next Steps

• Monitor future filings from Highlander Partners for any changes in ownership or stated intentions.
• Observe ONDAS Inc.'s management and board responses to this significant ownership disclosure.

Key Dates

Keywords

ONDA, Schedule 13G, Highlander Partners, Beneficial Ownership, Common Stock, SEC Filing, Investment, Securities Exchange Act