Safe Pro Group (SPAI) Prices 1.02M Share IPO at $5/sh

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Go back to Safe Pro Group (SPAI) Prices 1.02M Share IPO at $5/sh

Safe Pro Group Inc. Announces Pricing of its Initial Public Offering on Nasdaq

August 28, 2024 4:26 PM EDT

AVENTURA, FL / ACCESSWIRE / August 28, 2024 / Safe Pro Group Inc. (NASDAQ: SPAI) ("Safe Pro" or the "Company"), a premier provider of artificial intelligence (AI) solutions specializing in drone imagery processing for humanitarian mine-clearing efforts, today announced the pricing of its initial public offering of 1,020,000 shares of common stock at a price to the public of $5.00 per share, raising gross proceeds of $5.1 million, before deducting underwriting discounts and offering expenses. The shares are expected to be listed for trading on the Nasdaq Capital Market under the ticker symbol "SPAI" beginning on August 28, 2024. The... More