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Draganfly Announces Closing of US$3.6 Million Underwritten Public Offering

  • Draganfly Inc. Completed the sale of 1,715,000 units in its recently conducted underwritten public offering on May 6, 2025, to investors worldwide.
  • The offering sought to raise capital through the sale of units, each composed of a single common share paired with a warrant that can be exercised immediately at a price of CA$3.9779 per share.
  • The units were offered at a price of US$2.10 each, generating total gross funds close to US$3.6 million prior to deducting underwriting fees and related costs.
  • The company granted the underwriter a 45-day over-allotment option, which was partially exercised with an additional purchase of 100,000 warrants.
  • This financing supports Draganfly's ongoing development of drone solutions and AI-driven technology, although actual outcomes may differ due to inherent risks and uncertainties.
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Draganfly Announces Closing of US$3.6 Million Underwritten Public Offering

Saskatoon, SK., May 05, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced underwritten public offering (the “Offering”) of…

·Halton Hills, Canada
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Inside Ottawa Valley broke the news in Ottawa, Canada on Monday, May 5, 2025.
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