Source: GlobeNewsWire • Published: • Sentiment: positive • Ticker: DPRO • Location: Saskatoon, SK
Saskatoon, SK., Feb. 25, 2026 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning developer of drone solutions, software, and robotics, today announced the pricing of a registered direct offering to purchase 7,150,000 common shares (or pre-funded warrants in lieu thereof) of the Company (each, a “Common Share” or “Pre-Funded Warrant”), at a price of US$7.00, for gross proceeds of approximately US$50.0 million, before deducting placement agent discounts and offering expenses (the “Offering”).
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Brief Summary
Draganfly Inc., a leader in drone technology, is thrilled to announce its recent registered direct offering, looking to raise $50 million through the sale of 7,150,000 common shares priced at $7.00 each. This strategic move positions the company to enhance its technological advancements and expand its operations.
- Offering Size: Directed registered offering of 7,150,000 shares
- Price per Share: $7.00
- Total Proceeds: Approximately $50 million
- Use of Proceeds: Expansion of drone technology and operations
Why it matters: This funding marks a significant milestone for Draganfly, signaling confidence in its growth strategy and ongoing innovation in the drone solutions sector.
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