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Draganfly Announces Additional Exercise Of Over-Allotment Option

On May 5, 2025, Draganfly Inc. completed a public offering managed by Maxim Group LLC that raised $3.6 million through an underwritten share sale.
The offering followed Draganfly's intention to raise funds for product development and corporate growth amid ongoing market demand.
Maxim Group LLC partially exercised its over-allotment option by purchasing 100,000 more shares at a price of $2.09 each, resulting in gross proceeds of $209,000.
Draganfly intends to allocate the net proceeds toward general business needs, supporting enhancements in product development, expansion efforts, working capital, and potential acquisitions.
These capital raises support Draganfly's continued role as a drone and AI-driven technology pioneer serving public safety, agriculture, and industrial sectors.

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Globe Newswire

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Draganfly Announces Additional Exercise Of Over-Allotment Option

Saskatoon, SK., June 06, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone...

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Draganfly Inc. Announces Partial Exercise of Over-Allotment Option in ...

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stocktitan.net

Drone Technology Leader Draganfly Secures Extra $209,000 as Underwriters Exercise Over-Allotment Option

Maxim Group purchases 100,000 additional shares at $2.09 each, expanding recent $3.6M offering. Funds target new product development and strategic growth. Learn more.

6 days ago

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