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Draganfly Plunges 37.2% on Public Offering
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Jun 11, 2025 8:55 am ET1min read
On June 11, 2025, Draganfly's stock experienced a significant drop of 37.2% in pre-market trading, marking a notable decline in its share price.
Draganfly Inc., a leading provider of unmanned aerial vehicles (UAV) and drone solutions, recently announced the pricing of a public offering. The offering consists of 5,500,000 units, each priced at US$2.50, with each unit including one common share and one warrant. This move is part of the company's strategy to raise funds for its operations and expansion in the drone technology sector.
The company's product portfolio includes a range of multi-rotor helicopters, industrial aerial video systems, and civilian small unmanned aerial systems or vehicles. These products are used in various industries such as public safety, agriculture, industrial inspection, and mapping and surveying. The company's segments include Drones, Vital (Vital Intelligence), and Corporate, each focusing on different aspects of drone technology and applications.
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