Draganfly Inc. (NASDAQ: DPRO), a pioneer in drone solutions and systems development, has successfully closed a $3.76 million firm commitment registered public offering. The offering, which demonstrates continued investor confidence in the drone technology sector, consisted of 1,600,000 units priced at $2.35 per unit.
Each unit comprised one common share (or one pre-funded warrant) and one warrant to purchase one common share at an exercise price of CA$3.3086 (US$2.35), exercisable immediately with a five-year term.
In conjunction with the offering, Draganfly amended the exercise price of its existing warrants from previous offerings to CA$3.3086 (US$2.35) per share through an amendment agreement with warrant holders.
