04:23 PM EDT, 05/05/2025 (MT Newswires) -- Draganfly ( DPRO ) , was last seen down 3.1% in after-hours Nasdaq trading after the drone company on Monday said it closed a bought-deal share offering that raised US$3.6 million.

The company sold an underwriter 1.72-million share units, priced at US$2.10 each and made up of a share and a five-year warrant to buy a second share for US$2.875.

The underwriter, Maxim Group, also partially exercised its option to buy an additional 100,000 warrants, the company added.

Draganfly ( DPRO ) said it plans to use the funds for general corporate purposes, including scaling up production, marketing, product development, and potential acquisitions.

The company's shares were last seen down US$0.06 to $1.86 after hours. They closed up $0.06 to $2.67 on thr Canadian Securities Exchange.