24/7 Market News Snapshot 21 July, 2025 – Draganfly Inc. Common Shares (NASDAQ:DPRO)
DENVER, Colo., 21 July, 2025 (www.247marketnews.com) – (NASDAQ:DPRO) are discussed in this article.
Draganfly Inc. has demonstrated robust market performance, showcasing a bullish trend highlighted by a notable increase in its stock price. Following an opening value of $6.13, the stock experienced a rise of 10.64%, currently trading at $6.03, signaling investor confidence. The trading volume reached an impressive 12.44 million shares, significantly above the average, indicating heightened engagement with DPRO shares. Analysts are advised to keep an eye on the support levels at $6.00 and resistance around $6.20, as continued bullish momentum could yield favorable short-term investment opportunities.
In a strategic move, Draganfly has recently completed a registered direct offering that raised approximately $25.0 million in gross proceeds. This offering involved the issuance of 4,672,895 units, each containing one common share and one share purchase warrant, priced at $5.35 per unit. The accompanying warrants are immediately exercisable at a price equivalent to CA$7.3579 per common share and will be valid for five years. Maxim Group LLC acted as the sole placement agent for this initiative, underscoring Draganfly’s proactive approach to meeting the substantial market demand for drone technology.
The capital raised will support various corporate objectives, including further product development, enhancements in marketing efforts, potential acquisitions, and ongoing research and development projects. With a legacy spanning over 25 years in drone solutions, Draganfly is committed to leading advancements across diverse fields such as public safety, agriculture, and industrial inspections. This offering aligns with the Company’s strategy to harness innovative technologies, positioning it for sustained growth in an evolving landscape dominated by drone and AI applications. Major details regarding this offering can be accessed through the appropriate channels for potential investors.