Draganfly announced it has commenced an underwritten public offering in the United States. The offering consists of units of common shares and warrants to purchase common shares and is subject to market conditions. Draganfly currently intends to use the net proceeds from the offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the company’s core products, potential acquisitions and research and development. Maxim Group is acting as sole book-running manager for the offering.
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