Draganfly Soars 11.45% on Over-Allotment Option Exercise

Generated by AI AgentAinvest Pre-Market Radar
Monday, Jun 9, 2025 6:53 am ET1min read
DPRO--

On June 9, 2025, Draganfly's stock surged by 11.45% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Draganfly Inc. recently announced the additional exercise of its over-allotment option, a move that has been closely watched by the market. This decision allows the company to issue additional securities, potentially increasing its capital base and providing more flexibility for future investments and operations. The exercise of the over-allotment option is a strategic move that reflects the company's confidence in its growth prospects and its ability to attract further investment.

The announcement of the over-allotment option exercise comes at a time when DraganflyDPRO-- is actively expanding its operations and exploring new opportunities in the market. The company's focus on innovation and technological advancements has positioned it as a leader in its industry, and the additional capital raised through the exercise of the over-allotment option will further support its growth initiatives. Investors are optimistic about the company's future prospects, as the additional capital will enable Draganfly to pursue new projects and partnerships, driving long-term value for shareholders.

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