On Nov. 5, 2019, Draganfly Inc. (CSE: DFLY) began trading on the Canadian Securities Exchange under ticker symbol "DFLY". The company has also filed its long form non-offering final prospectus with the securities regulatory authorities in each of Saskatchewan and British Columbia to become a reporting issuer in those jurisdictions.
Draganfly Inc. is the resulting issuer from a recapitalization transaction between Draganfly Innovations Inc. and Drone Acquisition Corp., a special purpose entity formed to achieve the said objective. As part of the transaction, Draganfly Inc. completed a private placement financing for aggregate gross proceeds of $7,025,749.50.
Draganfly Inc. is the creator of quality, cutting-edge, unmanned vehicle systems and software that revolutionize the way people do business.
Gowling WLG advised Draganfly Inc. with respect to these matters with a team that included Denis Silva and Tara Amiri (corporate), Margaret Fitzpatrick and Stephen Ferance (IP) and Anita Yuk (tax).
"Read the original article on GowlingWLG.com".
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.