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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 →

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