Laurence E. Hirsch and affiliated entities filed a Schedule 13G with the SEC on November 13, 2026, disclosing beneficial ownership of 36,971,898 shares of Ondas Inc. common stock, representing 5.9% of the class, with a triggering event date of November 5, 2026.

Key Highlights

  • Aggregate beneficial ownership: Laurence E. Hirsch, Highlander Partners GP, LLC, Highlander Partners, L.P., and Highlander Partners Defense, LLC each report shared beneficial ownership of 36,971,898 shares, equal to 5.9% of Ondas Inc. common stock.
  • Shares not yet delivered: The 36,971,898 shares are comprised of 35,491,066 shares issuable to Highlander Partners Defense, LLC and 1,480,832 shares issuable to Dzyne Management Holdings, LLC, both scheduled for delivery on January 4, 2027.
  • Underlying transaction: The shares arise from the Unit Purchase Agreement dated July 2, 2026, by and among Ondas Inc., High Point UAS, LLC, Highlander Defense, Dzyne Management, High Flight Corporation, and Highlander Defense as seller representative.
  • Beneficial ownership basis: According to the filing, the shares are reported as beneficially owned pursuant to Rule 13d-3(d)(1)(i) because the scheduled delivery date falls within 60 days of November 5, 2026.
  • Dzyne Management standalone stake: Dzyne Management Holdings, LLC separately reports shared beneficial ownership of 1,480,832 shares, representing 0.25% of the class.
  • Disclaimer: Each reporting person "disclaims beneficial ownership of the shares described above except to the extent of his or its pecuniary interest therein," according to the filing.

Highlander Group Discloses Pending Share Delivery Tied to Ondas Unit Purchase Agreement

The Schedule 13G filed November 13, 2026 covers five reporting persons: Laurence E. Hirsch, Highlander Partners GP, LLC, Highlander Partners, L.P., Highlander Partners Defense, LLC, and Dzyne Management Holdings, LLC. All are based at 300 Crescent Court, Suite 550, Dallas, TX 75201, according to the filing. The triggering event is dated November 5, 2026, and the issuer is Ondas Inc., with common stock carrying a par value of $0.0001 per share and CUSIP number 68236H204.

The filing discloses that the 36,971,898 shares reported by most of the group have not yet been delivered. They consist of 35,491,066 shares issuable to Highlander Partners Defense, LLC and 1,480,832 shares issuable to Dzyne Management Holdings, LLC, both scheduled to be issued on January 4, 2027 under the Unit Purchase Agreement dated July 2, 2026. The filing attributes beneficial ownership to Rule 13d-3(d)(1)(i) solely because the January 4, 2027 delivery date falls within 60 days of the November 5, 2026 event date.

The ownership chain described in the filing runs as follows: Highlander Partners Defense, LLC is the manager of Dzyne Management Holdings, LLC; Highlander Partners, L.P. is the manager of Highlander Partners Defense, LLC; Highlander Partners GP, LLC is the general partner of Highlander Partners, L.P.; and Laurence E. Hirsch is the manager of Highlander Partners GP, LLC. All shared voting and dispositive power over the 36,971,898 shares flows through that chain, with no sole voting or dispositive power reported by any person in the group.

What Was Disclosed

A group led by Laurence E. Hirsch filed a Schedule 13G disclosing 36,971,898 shares of Ondas Inc. common stock, equal to 5.9% of the class, all issuable on January 4, 2027 under a July 2, 2026 Unit Purchase Agreement, and reported as beneficially owned because delivery falls within 60 days of November 5, 2026.