Highlights:
Draganfly Inc. launches a public offering of common shares and warrants.
The offering is aimed at supporting operational and expansion-related expenditures.
The company trades on the CSE Composite Index and CSE25 Index.
Draganfly Inc. (CSE:DPRO), operating in the drone and unmanned aerial vehicle (UAV) technology sector, has initiated a public offering of common shares and warrants. The company is listed on the CSE Composite Index and CSE25 Index, representing technology-focused entities on the Canadian Securities Exchange.
Structure and Scope of the Offering
The offering includes units comprised of common shares and accompanying warrants. Each warrant is set to entitle the holder to acquire an additional common share within a predefined timeframe. The units are being made available through a firm commitment underwriting arrangement, with plans to close upon satisfaction of customary conditions.
Use of Proceeds
According to the company, the proceeds from the offering are earmarked for working capital purposes and general corporate activities. Allocation of funds may also support initiatives related to research, production capacity, or commercial programs within the drone and UAV space. The final distribution of proceeds will depend on business priorities and operational requirements.
Details on Underwriting and Placement
The offering is being conducted by a sole book-running manager, responsible for handling the placement process under a public prospectus supplement. The offering is made pursuant to a base shelf prospectus, previously filed and made effective under Canadian securities regulations. The terms and conditions governing the issuance remain subject to market and regulatory compliance.
Market Presence and Index Membership
Draganfly Inc. is listed on the Canadian Securities Exchange and forms part of the CSE Composite Index and the CSE25 Index. These indexes track companies within the exchange that meet specific criteria for size, sector classification, and trading activity. The company’s participation in these benchmarks places it among a group of technology-oriented firms focused on innovative aerospace solutions.