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Draganfly Prices US$13.75 Million Public Offering of Units
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Draganfly Prices US$13.75 Million Public Offering of Units
Jun 11, 2025 6:55 AM

09:42 AM EDT, 06/11/2025 (MT Newswires) -- Draganfly ( DPRO ) , a drone solutions and systems developer, on Wednesday announced the pricing of its public offering of 5.5 million units for proceeds of approximately US$13.75 million.

Units will be sold at US$2.50 each and will be made up of one common share and one five-year warrant to purchase one common share at an exercise price of C$5.0768 (US$3.71) per share, exercisable immediately.

The company plans to use the net proceeds from the offering for general corporate purposes.

The offering is subject to customary closing conditions including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange and notification to the Nasdaq Stock Market, said teh company.

The company added that it will offer and sell the securities in the United States only.

Price: 3.13, Change: -1.93, Percent Change: -38.14

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