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Draganfly Announces Additional Exercise Of Over-Allotment Option
DPRODraganfly (DPRO) GlobeNewswire·2025-06-06 23:15

Core Points - Draganfly Inc. has successfully closed a US3.6millionunderwrittenpublicofferingandtheunderwriterhasexercisedanoverallotmentoptionforanadditional100,000shares,raisinganextraUS3.6 million underwritten public offering and the underwriter has exercised an over-allotment option for an additional 100,000 shares, raising an extra US209,000 [1][2][3] Group 1: Offering Details - The offering was conducted under an effective shelf registration statement filed with the SEC and a Canadian short form base shelf prospectus [3][4] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and research and development [2][3] Group 2: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the drone technology sector [6]