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Draganfly (CSE:DFLY) to complete listing of its common shares on Nasdaq

Technology
CSE:DFLY
22 July 2021 11:30 (EDT)

Draganfly (DFLY) expects to complete a listing of its common shares on The Nasdaq Capital Market under the ticker DPRO.  

Draganfly has filed a preliminary prospectus supplement to its short form base shelf prospectus dated July ‎‎14, 2021, in connection with a proposed public offering of its common shares in the United States.

Draganfly intends to use the net proceeds of the offering, together with existing cash, for general corporate purposes and for working capital requirements.

‎ThinkEquity, a division of Fordham Financial Management, Inc., is acting as the sole book-running manager.

The Registration Statement relating to the common shares has been filed with the SEC but has not yet become effective. These securities ‎may not be sold prior to the time the Registration Statement becomes effective.

Draganfly is an award-winning, industry-leading manufacturer within the commercial Unmanned Aerial Vehicle space, serving public safety, agriculture, government and military contractors.

Draganfly Inc. (DFLY) is up 22.22 per cent, trading at C$1.76 per share at 11:30 am ET.

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