Draganfly Inc. has priced a registered direct offering of 7.15 million common shares at US$7.00 per share, generating approximately US$50 million in gross proceeds. The offering represents a strategic capital raise designed to strengthen the company's financial position and fund key operational initiatives.
The company intends to deploy the capital across several corporate priorities, including product development, expansion of growth initiatives, working capital management, and research and development activities. Additionally, Draganfly has indicated that a portion of the funds may be allocated toward potential acquisitions that align with its strategic objectives.
The registered direct offering is expected to conclude on February 27, 2026, pending receipt of customary regulatory approvals and satisfaction of standard closing conditions. This capital infusion provides Draganfly with enhanced resources to execute its business strategy and pursue identified opportunities in its operational markets.