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Stock impact report

Draganfly Announces Pricing of US$3.76 Million Registered Direct Offering [Canadian Business Journal (Canada)]

Draganfly Inc. - Common Shares (DPRO) 
Saskatoon, SK., Nov. 18, 2024 (GLOBE NEWSWIRE) —Maxim Group LLC is acting as sole placement agent for the Offering.Pursuant to previous offerings in the United States, the Company issued warrants to purchase 256,000 common shares at an exercise price of CA$5.6925 (US$4.1152) on October 30, 2023 (“October Warrants”), warrants to purchase 540,541 common shares at an exercise price of CA$5.625 (US$4.1155) on May 1, 2024 (the “May Warrants”) and warrants to purchase 666,667 common shares at an exercise price of CA$5.12 (US$3.75) on August 21, 2024 (the “August Warrants”, collectively with the October Warrants and May Warrants, the “Existing Warrants”). In connection with the closing of the Offering, the ?Company and the holder of the Existing Warrants intend to enter into an amendment agreement (the “Amendment Agreement”) on the Closing Date (as defined below), whereby the ?exercise price of the Existing Warrants will be reduced to CA$3.3086 (or US$2.35) per share, respectively (the “Warr Show less Read more
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