Draganfly Soars 8.68% on Over-Allotment Option Exercise
On June 10, 2025, Draganfly's stock price surged by 8.68% in pre-market trading, reflecting a significant rise that has garnered attention from investors and analysts alike.
Draganfly Inc. recently exercised its over-allotment option, a strategic move that allows the company to issue additional securities. This decision is seen as a vote of confidence in the company's growth prospects and its ability to attract further investment. The additional capital raised through this exercise will provide DraganflyDPRO-- with more flexibility for future investments and operations, supporting its expansion and exploration of new market opportunities.
The company's focus on innovation and technological advancements has positioned it as a leader in the drone technology industry. Investors are optimistic about Draganfly's future prospects, as the additional capital will enable the company to pursue new projects and partnerships, driving long-term value for shareholders.

Get the scoop on pre-market movers and shakers in the US stock market.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet