Draganfly Inc. (DPRO) Prices 5M Share IPO at $4/sh

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Draganfly Announces Pricing of US$20 Million Public Offering in the United States and Common Shares to Begin Trading on Nasdaq

July 29, 2021 11:42 PM EDT

Los Angeles, CA, July 29, 2021 (GLOBE NEWSWIRE) -- Draganfly Inc. (Nasdaq: DPRO) (CSE: DPRO) (FSE: 3U8) (Draganfly or the Company), a drone manufacturer and systems developer, today announced the pricing of its underwritten public offering of 5,000,000 common shares of the Company at a public offering price of US$4.00 per share, for gross proceeds of US$20,000,000, before deducting underwriting discounts and offering expenses. Closing of the offering is expected to occur on August 3, 2021, subject to the satisfaction of customary closing conditions. In addition, the underwriters have been granted a 45-day... More