AgEagle Aerial Systems CEO Issues Letter to Shareholders Highlighting Corporate Actions to Position the Company for Long-Term Value
AgEagle Aerial Systems, Inc. (UAVS)
Company Research
Source: GlobeNewswire
WICHITA, Kan., Oct. 22, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, today issues a Letter to Stockholders from Company CEO Bill Irby. Dear Stockholders: First, I want to extend my appreciation for the trust and confidence you have placed in AgEagle. Upon taking over as CEO from Grant Begley (former interim CEO and current Board Chairman), we have been evolving and advancing AgEagle toward the creation of maximum long-term shareholder value. To fund our aggressive growth plans, we recently completed a $6.5M capital raise. The market’s reaction was a continued decline in our stock price. It became necessary to plan and execute a 50:1 reverse stock split. Our trading was halted October 4th but has since resumed, and I am truly optimistic regarding the path ahead as I believe that the company is cur
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UAVS
News
- AgEagle Aerial Systems Receives Non-Compliance Notice from NYSE AmericanGlobeNewswire
- Significant Technology Upgrades Fueling Strong Growth Opportunities for U.S. Commercial Drone MarketGlobeNewswire
- AgEagle Aerial Systems Announces Appointment of Kevin Lowdermilk to Board of DirectorsGlobeNewswire
- Global Commercial Drone Market Size Estimated at $30 Billion as Technological Advancements are BoomingGlobeNewswire
- AgEagle Aerial Systems Inc. Announces Reverse Stock SplitGlobeNewswire
UAVS
Sec Filings
- 11/8/24 - Form PRE
- 11/4/24 - Form 8-K
- 10/30/24 - Form 4
- UAVS's page on the SEC website