Draganfly Closes US$50M Registered Direct Offering, Securing Capital

summarizeSummary

Draganfly Inc. has closed its US$50.0 million registered direct offering, issuing 7.15 million shares and pre-funded warrants at US$7.00 per share, providing substantial capital for corporate purposes.

check_boxKey Events

• Offering Closed

  Draganfly Inc. announced the closing of its US$50.0 million registered direct offering.

• Shares Issued

  The offering involved the issuance of 7.15 million common shares (or pre-funded warrants in lieu thereof) at a price of US$7.00 per share.

• Capital Secured

  The company received gross proceeds of approximately US$50.0 million, intended for general corporate purposes, including growth initiatives, working capital, and potential acquisitions.

• Dilutive Event Confirmed

  This closing confirms a substantial dilutive event for existing shareholders, following the pricing announcement on February 26, 2026.

auto_awesomeAnalysis

This filing confirms the successful closing of the previously announced US$50.0 million registered direct offering. While highly dilutive for existing shareholders, representing a significant portion of the company's market capitalization, the capital infusion is crucial for Draganfly's operational runway, funding growth initiatives, working capital, and potential acquisitions. The offering was priced at $7.00 per share, close to the current market price, indicating market acceptance of the terms. Investors should note the confirmed dilution but also the strengthened balance sheet.