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Financings

Draganfly Announces Closing of US$50.0 Million Registered Direct Offering

By The Northwire Desk — AI Analysis Feb 27, 2026 · 16:10 DPRO · 9.36 Draganfly Inc.
DPRO · Price

Executive Summary

  • Draganfly Inc. closed a registered direct offering of 7,150,000 common shares (or pre‑funded warrants) at US $7.00 per share, generating approximately US $50.0 million in gross proceeds.
  • Net proceeds are earmarked for general corporate purposes, including funding growth initiatives, working capital, product development, potential acquisitions, and R&D.
  • The offering was conducted under an effective shelf registration statement (Form F‑10) and a Canadian short‑form base shelf prospectus; securities were sold only to U.S. investors.

Key Details

  • Offering Size: 7,150,000 common shares (or pre‑funded warrants).
  • Price per Share/Warrant: US $7.00.
  • Gross Proceeds: Approximately US $50.0 million (before placement agent discounts and offering expenses).
  • Placement Agents: Lead – Maxim Group LLC; Co‑placement – Raymond James Ltd. and Ladenburg Thalmann & Co. Inc.
  • Use of Net Proceeds: General corporate purposes, including:
  • Funding capabilities to meet demand for new products.
  • Growth initiatives and working capital requirements.
  • Continuing development and marketing of core products.
  • Potential acquisitions.
  • Research and development activities.
  • Regulatory Filings:
  • Effective shelf registration statement on Form F‑10 (File No. 333‑290823) automatically effective February 25, 2026.
  • Canadian short‑form base shelf prospectus dated October 24, 2025.
  • Geographic Scope of Offering: Securities offered and sold in the United States only; no Canadian purchasers participated.
  • Prospectus Availability: Filed with securities commissions in British Columbia, Saskatchewan, Ontario, and with the SEC; accessible via SEDAR+ (www.sedarplus.ca) and SEC website (www.sec.gov).

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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