Ondas Holdings Inc
For the period ended Mar 31, 2025. Filed May 15, 2025.
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Mar 31, 2025 · Filed May 15, 2025
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Item 5. Other Information
On, May 12, 2025, Joseph Popolo provided the Company notice of his resignation as a director of the Company, effective May 14, 2025. Mr. Popolo is stepping down in connection with his public service commitments as the nominee to be the U.S. Ambassador to the Kingdom of The Netherlands.
On May 14, 2025, the Company’s Compensation Committee approved an annual salary for Eric Brock, the Company’s Chief Executive Officer and President, of $400,000 (effective April 1, 2025) and a discretionary bonus of $50,000.
The Company has elected not to provide for the automatic annual renewal of the Service Agreement between the Company and Letzhangout LLC dba AM Consulting, dated June 21, 2024, and on March 21, 2025 provided AM Consulting notice.
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