Draganfly arranges $10 million share sale backed by Unusual Machines
Draganfly ($DPRO) has arranged a $10 million registered direct offering to Unusual Machines ($UMAC) and an unnamed U.S. investment fund, with each investor contributing $5 million. The company will issue 1,869,159 common shares at $5.35 each, matching the preceding trading day’s closing price. Gross proceeds are stated before placement-agent discounts and offering expenses. Draganfly intends to fund advanced capabilities and working capital as it expands defense and commercial drone activity. Fo