Unusual machines announces closing of $1.95 million private placement

Orlando, fl / accesswire / october 30, 2024 / unusual machines, inc. (nyse american:umac) ("unusual machines" or the "company"), a drone and drone components manufacturer, today announced the closing of a private placement with certain institutional investors. the aggregate gross cash proceeds were approximately $1,955,000, before deducting fees to the placement agent and other offering expenses payable by the company.
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