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Stock impact report

Draganfly Announces Closing of US$3.76 Million Registered Direct Offering

Draganfly Inc. - Common Shares (DPRO) 
Company Research Source: GlobeNewswire
Saskatoon, SK., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced that it has closed its previously announced offering of 1,600,000 units of the Company, with each unit consisting of one common share (or one pre-funded warrant to purchase one common share in lieu thereof) and one warrant to purchase one common share. Each unit was sold at an offering price of US$2.35, for gross proceeds of US$3.76 million (the “Offering”), before deducting placement agent discounts and offering expenses. The warrants have an exercise price of CA$3.3086 (or US$2.35) per share, are exercisable immediately and will expire five years following the date of issuance and the exercise price is in Canadian currency. Maxim Group LLC acted as sole placement agent for the Offering. Pursuant to previous offerings in the United States, the Company issued warrants to purchase 256,000 co Show less Read more
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