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0 0.013215859030837 0.0572687224669604 0.0898678414096916 0.0700440528634361 0.207488986784141 0.192511013215859 0.198237885462555
Stock impact report

Draganfly Announces Pricing of US$3.5 Million Registered Direct Offering [Yahoo! Finance]

Draganfly Inc. - Common Shares (DPRO) 
Company Research Source: Yahoo! Finance
solutions, and systems developer, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 13,513,514 units of the Company, with each unit consisting of one common share (or one pre-funded warrant to purchase one common share in lieu thereof) and one warrant to purchase one common share. Each unit was sold at a public offering price of US$0.259, for gross proceeds of approximately US$3.5 million (the “Offering”), before deducting underwriting discounts and offering expenses. The warrants will have an exercise price of approximately US$0.259 per share, are exercisable immediately and will expire five years following the date of issuance and the exercise price will be in Canadian currency. Maxim Group LLC is acting as sole placement agent for the Offering. Pursuant to a prior underwritten public offering of the Company in the United States, the Company issued 6,400,000 common share purchase warrants (the “October ?Warr Show less Read more
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