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Financings

Draganfly closes $50-million (U.S.) direct offering

By The Northwire Desk — AI Analysis Feb 27, 2026 · 19:34 DPRO · 8.90 Draganfly Inc
DPRO · Price

Executive Summary

  • Draganfly Inc. has closed a registered direct offering of 7.15 million common shares (or prefinanced warrants) at $7.00 USD per share, generating gross proceeds of approximately $50.0 million USD.
  • The transaction was led by Maxim Group LLC, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. serving as co-placement agents.
  • Net proceeds are intended for general corporate purposes, including financing new product demand, working capital, R&D, marketing, and potential acquisitions.

Key Details

  • Transaction Structure: Registered direct offering of 7.15 million common shares or prefinanced warrants in lieu thereof.
  • Price: $7.00 USD per share.
  • Gross Proceeds: Approximately $50.0 million USD (before deducting placement agent discounts and offering expenses).
  • Placement Agents:
    • Lead: Maxim Group LLC
    • Co-Placement Agents: Raymond James Ltd. and Ladenburg Thalmann & Co. Inc.
  • Use of Proceeds: General corporate purposes, specifically to finance capabilities for new product demand, growth initiatives, working capital, continuing development and marketing of core products, potential acquisitions, and research and development.
  • Regulatory Basis: Offered pursuant to an effective shelf registration statement on Form F-10 (File No. 333-290823), which became automatically effective on Feb. 25, 2026, and the company's Canadian short form base shelf prospectus dated Oct. 24, 2025.
  • Jurisdiction: Securities offered and sold in the United States only; no securities were offered or sold to Canadian purchasers.
  • Filing Details: Prospectus supplement and base shelf prospectus filed with securities commissions in British Columbia, Saskatchewan, and Ontario, and with the U.S. SEC.
Read the original news release →

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