$ONDS Simplified Timeline
• Pre-March 2026: Indo wins a major $140M military tender as prime contractor to supply heavy engineering vehicles long-term support to a big customer (likely Israel MoD).
• March 17, 2026:
$ONDS acquires 100% of Indo for ~$5.66M cash 5.49M shares total.
• At closing: ~2.44M shares issued.
• Remaining ~3.05M shares tied to hitting the First Milestone.
• By June 15, 2026 (this filing): First Milestone achieved → 3.05M shares issued → registered for resale by sellers.
Confirms the First Milestone is done → tender is advancing into execution phase.