Draganfly (TSE:DPRO) has released an update.
Draganfly Inc., a prominent developer in drone solutions, has successfully closed a registered direct offering, raising approximately $2 million by selling over 16 million units at $0.12 each. The company plans to utilize the proceeds for general corporate purposes, which include funding growth initiatives, working capital requirements, and the continued development and marketing of its core products. The offering was facilitated by Maxim Group LLC, acting as the sole placement agent.
For further insights into TSE:DPRO stock, check out TipRanks’ Stock Analysis page.