Draganfly Closes US$20 Million Public Offering in the United States
Los Angeles, CA, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Draganfly Inc. (Nasdaq: DPRO) (CSE: DPRO) (FSE: 3U8) (Draganfly or the Company), a drone manufacturer and systems developer, today announced that it has completed its previously announced underwritten public offering in the United States (the Offering) of 5,000,000 common shares at a price of US$4.00 per common share, for total gross proceeds of approximately US$20 million, before deducting underwriting discounts and Offering expenses.
- Los Angeles, CA, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Draganfly Inc. (Nasdaq: DPRO) (CSE: DPRO) (FSE: 3U8) (Draganfly or the Company), a drone manufacturer and systems developer, today announced that it has completed its previously announced underwritten public offering in the United States (the Offering) of 5,000,000 common shares at a price of US$4.00 per common share, for total gross proceeds of approximately US$20 million, before deducting underwriting discounts and Offering expenses.
- ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the Offering.
- The Supplement and the accompanying Base Prospectus contain important detailed information about the Offering.
- Draganfly Inc. offers drone solutions, software, and AI systems serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets.