Ondas Holdings shares surge 11.29% intraday after completing $100M stock/warrant offering, Stifel raises price target to $17, and acquiring Israeli firm Sentry CS.

Ondas Holdings surged 11.29% intraday, driven by the completion of a $1 billion stock and warrant issuance, a Stifel analyst raising the price target from $13 to $17, and the acquisition of Israel-based Sentry CS with plans for a name change.