Draganfly closes us$20 million public offering in the united states

Los angeles, ca, aug. 03, 2021 (globe newswire) -- draganfly inc. (nasdaq: dpro) (cse: dpro) (fse: 3u8) (“draganfly” or the “company”), a drone manufacturer and systems developer, today announced that it has completed its previously announced underwritten public offering in the united states (the “offering”) of 5,000,000 common shares at a price of us$4.00 per common share, for total gross proceeds of approximately us$20 million, before deducting underwriting discounts and offering expenses‎. in addition, the company has granted the underwriters a 45‐day over‐allotment option to purchase up to an additional 750,000 common shares from the company on the same terms and conditions.
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