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Volatus Aerospace Closes $26,391,500 Bought Deal Public Offering and Non-Brokered Private Placement
Globenewswire· 2025-11-26 13:46
Core Points - Volatus Aerospace Inc. has completed a bought deal public offering and a non-brokered private placement, raising a total of $26,391,500 [1][2] - The public offering involved the sale of 38,352,500 common shares at a price of $0.60 per share, including 5,002,500 shares from the full exercise of the over-allotment option [1] - The private placement included the sale of 5,633,333 common shares at the same price to international strategic investors [2] Financial Details - The underwriters received a cash commission of 6.0% on the gross proceeds from the public offering, along with an advisory fee of $22,374 [3] - The company paid finder's fees totaling $120,000 related to the private placement [3] Use of Proceeds - The net proceeds from both the public offering and private placement will be allocated for the development of the Mirabel Manufacturing Hub, R&D in drone technologies for the defense sector, potential acquisitions, capital expenditures, and general corporate purposes [4]
Volatus Aerospace Announces Filing of Final Short Form Prospectus in Connection With Bought Deal Public Offering
Globenewswire· 2025-11-21 23:00
Core Points - Volatus Aerospace Inc. has filed a final short form prospectus for a bought deal public offering, qualifying the distribution of 33,350,000 common voting shares at a price of $0.60 per share, aiming for gross proceeds of $20,010,000 [2][3] - The offering includes an over-allotment option for an additional 5,002,500 common voting shares [2] - The expected closing date for the offering is on or about November 26, 2025, pending necessary approvals [3] Company Overview - Volatus Aerospace Inc. specializes in providing innovative aerial solutions for intelligence, surveillance, and cargo, utilizing both piloted and remotely piloted aircraft [6] - The company offers a complete ecosystem of aerial services, including operations, equipment sales, training, and mission support, aimed at helping industries integrate aerial capabilities safely and efficiently [6]
Bridger Aerospace Secures $331.5M Financing to Fuel Fleet Expansion, Growth
Yahoo Finance· 2025-10-31 09:42
Group 1 - Bridger Aerospace Group Holdings Inc. has secured new financing commitments totaling up to $331.5 million through a senior secured facility led by Bain Capital's Private Credit Group [1][2][3] - The financing structure includes a $21.5 million Revolving Credit Facility, a $210 million Senior Secured Term Loan, and a $100 million Fleet Expansion Facility, aimed at refinancing existing debt and providing financial flexibility [2][3] - The financing will support future fleet expansion and recognizes strategic partners such as Bain Capital, Crestline, Power Sustainable, and Foundation Credit [3] Group 2 - Bridger Aerospace provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services in the US, indicating a focus on critical environmental services [3]