Draganfly Completes $10 Million Registered Direct Offering

Draganfly (DPRO) has completed a registered direct offering, raising approximately $10 million in gross proceeds. The company issued 1.87 million common shares at a price of $5.35 per share as part of the transaction. The funds raised will be used to support Draganfly's operations and growth initiatives. As a drone solutions developer, the capital infusion is expected to aid in scaling its business activities and product development efforts.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Draganfly Completes $10 Million Registered Direct Offering

Tickers: $DPRO

Topics: capital raise fundraising registered direct offering

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