Draganfly Inc. announced the closing of its public offering on June 12, 2025, raising gross proceeds of approximately US$13.75 million. The offering involved the sale of 5,500,000 units, each consisting of one common share and one warrant to purchase a common share, priced at US$2.50 per unit.
The warrants issued in this offering have an exercise price of CA$5.0768 (US$3.71) per share and are exercisable immediately, expiring five years from issuance. Maxim Group LLC acted as the sole placement agent for the offering.
Draganfly intends to use the net proceeds for general corporate purposes, including funding capabilities to meet demand for new products, growth initiatives, working capital requirements, and continuing development and marketing of its core products, potential acquisitions, and research and development.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.