Northwire Canada EditionFriday, July 17, 2026
Sign inSubscribe
Northwire
⌕
FL 0.405 −1.2% SSRM 35.78 −1.6% CD 0.230 +0.0% GEN 0.070 +0.0% ALS 56.17 −2.2% WGX 4.29 −3.3% LIFT 3.05 −3.2% NTR 94.39 +0.1% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.030 +0.0% PRU 4.56 −1.7% MOO 0.720 +0.0% BSX 0.870 −8.4% SLI 3.05 −1.0% FL 0.405 −1.2% SSRM 35.78 −1.6% CD 0.230 +0.0% GEN 0.070 +0.0% ALS 56.17 −2.2% WGX 4.29 −3.3% LIFT 3.05 −3.2% NTR 94.39 +0.1% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.030 +0.0% PRU 4.56 −1.7% MOO 0.720 +0.0% BSX 0.870 −8.4% SLI 3.05 −1.0%
Financings

Draganfly Announces Pricing of US$50.0 Million Registered Direct Offering

By The Northwire Desk — AI Analysis Feb 25, 2026 · 20:50 DPRO · 11.14 Draganfly Inc.
DPRO · Price

Executive Summary

  • Draganfly Inc. announced the pricing of a registered direct offering of 7,150,000 common shares (or pre‑funded warrants) at US $7.00 per share, targeting gross proceeds of approximately US $50.0 million.
  • Net proceeds are intended for general corporate purposes, including funding growth initiatives, working capital, product development, potential acquisitions, and R&D.
  • The offering is expected to close on or about February 27, 2026, subject to customary closing conditions and regulatory approvals.

Key Details

  • Offering Size: 7,150,000 common shares (or pre‑funded warrants) at US $7.00 per share.
  • Gross Proceeds: Approximately US $50.0 million before placement agent discounts and offering expenses.
  • Lead Placement Agent: Maxim Group LLC; co‑placement agents are Raymond James Ltd. and Ladenburg Thalmann & Co. Inc.
  • Use of Proceeds: General corporate purposes – fund new product demand, growth initiatives, working capital, continued development/marketing of core products, potential acquisitions, and R&D.
  • Closing Date: Expected on or about February 27, 2026, subject to customary closing conditions.
  • Regulatory Conditions: Requires approval from the Canadian Securities Exchange and notification to Nasdaq; offering made under an effective shelf registration statement (Form F‑10) and a Canadian short‑form base shelf prospectus dated October 24, 2025.
  • Geographic Scope: Offering will be sold in the United States only; no securities offered or sold to Canadian purchasers.
  • Contact Information:
  • Media – Erika Racicot ([email protected])
  • Company – Cameron Chell, CEO ([email protected])

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Draganfly Inc.

Jun 25, 2026 · 08:30

Campus safety partnership validates commercial diversification, but margin compression and heavy SG&A burn keep the stock in a consolidation phase.

M&A / Property Jun 11, 2026 · 08:30

Small-cap drone maker adds fixed-wing capability to defense portfolio, but bolt-on size and persistent losses keep it in routine territory.

M&A / Property May 20, 2026 · 09:00

Draganfly Secures Army Research Lab C-UAS Contract Amidst Margin Compression and Price Correction

M&A / Property May 20, 2026 · 08:30

Draganfly's C-UAS nod extends its Pentagon footprint, yet early-stage contract status leaves immediate revenue scale in question.

Other May 19, 2026 · 08:30

Draganfly Arms Its Multi-Mission Drone Fleet with New NDAA-Compliant Blitz Optical Payloads as Defense Order Pipeline Builds

M&A / Property May 18, 2026 · 08:30

Draganfly fortifies its defense portfolio with a fixed-wing acquisition that addresses a clear capability gap, but surging cash consumption demands scrutiny.

M&A / Property