6 February 2023 • 1 minute read
DLA Piper Canada advised Draganfly on USD$15 million at-the-market equity program
Draganfly Inc. (“Draganfly”) (NASDAQ: DPRO) entered into an equity distribution agreement with Maxim Group LLC in which they may, from time to time, distribute in an “at-the-market offering” up to USD$15 million in common shares of the company on the Nasdaq Capital Market. DLA Piper Canada acted as legal advisors to Draganfly in connection with the at-the-market equity program (“ATM Program”).
Draganfly Inc. is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and service their stakeholders.
The DLA Piper Canada deal team in this transaction was led by Partner Denis G. Silva and included Jennifer Arndt, Nahal Iranpour and Joseph Furness.
