financetom
Business
financetom
/
Business
/
Draganfly Closes $25 Million Direct Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Draganfly Closes $25 Million Direct Offering
Jul 21, 2025 2:24 PM

05:07 PM EDT, 07/21/2025 (MT Newswires) -- Draganfly ( DPRO ) said late Monday it closed a registered direct offering of nearly 4.7 million units at $5.35 apiece for gross proceeds of $25 million.

Each unit consists of one common share and a purchase warrant to buy a common share at an exercise price of $5.35 per share, according to a statement.

The company said it plans to use the net proceeds for general corporate purposes.

Shares eased 0.3% during after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
T-Mobile to Buy UScellular's Wireless Operations, Select Spectrum Assets for $4.4 Billion
T-Mobile to Buy UScellular's Wireless Operations, Select Spectrum Assets for $4.4 Billion
May 28, 2024
07:46 AM EDT, 05/28/2024 (MT Newswires) -- T-Mobile US ( TMUS ) has entered into a definitive agreement with UScelluar (USM) and Telephone and Data Systems ( TDS/PV ) to acquire UScellular's wireless operations and select spectrum assets for $4.4 billion, including a combination of cash and up to about $2 billion of assumed debt, according to a press release....
Foran Mining Highlights Additional Winter Expansion Drill Results at Tesla Zone in Mcllvenna Bay, Saskatchewan
Foran Mining Highlights Additional Winter Expansion Drill Results at Tesla Zone in Mcllvenna Bay, Saskatchewan
May 28, 2024
07:47 AM EDT, 05/28/2024 (MT Newswires) -- Foran Mining ( FMCXF ) on Tuesday highlighted additional assay results from the ongoing 2024 exploration program at the Tesla and Bridge zones, part of its 100%-owned Mcllvenna Bay property in Saskatchewan. The company said it has identified significant intervals in step-out holes down-dip. Also, Tesla Zone mineralization and continuity were confirmed along...
Nordson to acquire Atrion in an $800 mln deal to bolster medical portfolio
Nordson to acquire Atrion in an $800 mln deal to bolster medical portfolio
May 28, 2024
May 28 (Reuters) - Nordson ( NDSN ), which makes products for a variety of industries, said on Tuesday it would buy medical devices maker Atrion Corp ( ATRI ) in an $800 million deal, expanding its medical portfolio. Nordson ( NDSN ), which also makes precision manufacturing products for the industrial and electronic markets, said it will pay $460...
Market Chatter: Nokia Close to Winning 5G Contract From Portugal's MEO, Reuters Reports
Market Chatter: Nokia Close to Winning 5G Contract From Portugal's MEO, Reuters Reports
May 28, 2024
07:47 AM EDT, 05/28/2024 (MT Newswires) -- Nokia ( NOK ) is set to win a contract to provide Portuguese telecommunications operator MEO with 5G radio equipment, Reuters reported Tuesday, citing sources inside the Finnish telecommunications firm. MEO purchased its 2G, 3G, and 4G radio equipment from China's Huawei, Reuters said. Reuters cited an unnamed source as saying the deal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved