Draganfly Announces Closing of US$25.0 Million Registered Direct Offering

Core Points - Draganfly Inc. has successfully closed a registered direct offering of 4,672,895 units at a price of US$5.35 per unit, resulting in gross proceeds of approximately US$25.0 million [1][2][3] - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at CA$7.3579 per share for five years [2] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, working capital, and research and development [3] Offering Details - The offering was conducted under an effective shelf registration statement filed with the U.S. SEC and a Canadian short form base shelf prospectus [4] - The securities were offered and sold exclusively in the United States, with no sales to Canadian purchasers [4] - A prospectus supplement detailing the offering terms was filed with relevant securities commissions in Canada and the SEC [5] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the industry [7] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [7]