Draganfly Inc. announced a securities purchase agreement with institutional investors to buy 4,672,895 units at US$5.35 per unit, for gross proceeds of approximately US$25.0 million. Each unit includes one common share and one common share purchase warrant. The net proceeds will be used for general corporate purposes and growth initiatives. The Offering is expected to close on July 21, 2025, subject to regulatory approvals. The Offering is made under an effective shelf registration statement and Canadian short form base shelf prospectus. Draganfly is a pioneer in drone solutions, AI-driven software, and robotics, committed to industry-leading technology.
Read more at GlobeNewswire: Draganfly Announces Pricing of US$25.0 Million Registered