Draganfly Secures Additional Funding Through Over-Allotment Option

The latest update is out from Draganfly ( (TSE:DPRO) ).

On June 6, 2025, Draganfly Inc. announced the partial exercise of an over-allotment option by Maxim Group LLC, following the company’s $3.6 million public offering closed on May 5, 2025. This exercise involved the purchase of an additional 100,000 common shares, generating gross proceeds of $209,000. The proceeds from this offering are intended to support Draganfly’s corporate purposes, including product development, marketing, and potential acquisitions, which could enhance the company’s market positioning and operational capabilities.

The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.

Spark’s Take on TSE:DPRO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.

Draganfly’s overall stock score reflects significant financial challenges, despite technical strength and strategic initiatives. The financial performance, with ongoing losses and cash constraints, is the primary drag on the score. However, positive developments in technical analysis and corporate events indicate potential upside if financial issues are addressed.

To see Spark’s full report on TSE:DPRO stock, click here.

More about Draganfly

Draganfly Inc. is a leading developer in drone solutions, AI-driven software, and robotics, with a history of over 25 years in innovation. The company provides technology solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying, emphasizing efficiency, reliability, and industry leadership.

YTD Price Performance: -30.55%

Average Trading Volume: 6,880

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$22.12M

For an in-depth examination of DPRO stock, go to TipRanks’ Stock Analysis page.