Draganfly

Draganfly

Closed: Mar. 2021

About this raise

Draganfly is raising funds on Dalmore Group through Reg A+ crowdfunding. The company provides engineering services and manufacturing of commercial UAVs, RPASs, and UVSs to serve public safety, agriculture, industrial inspections, and mapping markets. The company is also a solutions integrator for custom robotics, hardware, and software that provide sales, training, maintenance, flying, and data processing services. Cameron Chell founded Draganfly in 2018. The current crowdfunding campaign has no minimum target and a maximum target of $41,300,000. The campaign proceeds will be used for research and development, sales and marketing, facility expansion, inventory purchasing, and general corporate purposes.

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Investment Overview

Invested this round: $16,464,359

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
09/25/2020
Close Date
Not Provided
Min. Goal
$1,000
Max Goal
$41,300,000
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.47

Company & Team

Company

Year Founded
2018
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Location
Saskatoon, Saskatchewan
Company Website
Visit Website

Team

Employees
22

Financials

 Revenue
$0
 Monthly Burn
$924,588
 Runway
2.6 months

Balance Sheet

Cash and Cash Equivalents

$2,429,375

Accounts and Notes Receivable

$224,695

Property, Plant and Equipment (PP&E)

$115,141

Total Assets

$3,221,783

Accounts Payable & Accrued Liabilities

$894,357

Total Liabilities

$1,030,430

Total Stockholders' Equity

$2,191,353

Total Liabilities and Equity

$3,221,783

Statement of Comprehensive Income Information

Total Revenues

$1,380,427

Costs & Expenses Applicable to Rev

$218,800

Depreciation and Amortization

$49,636

Net Income

$-11,095,057

Earnings Per Share - Basic

$-0.23

Earnings Per Share - Diluted

$-0.23

Auditor: Dale Matheson Carr-Hilton Labonte LLP Chartered Professional Accounts
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2021 Dalmore Group - $16,464,359 Equity - Common Funded RegA+
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Add to portfolio
Draganfly on Dalmore Group 2020
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $0.47

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Follow Draganfly on Dalmore Group 2020
No Public Offering Page

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Warning: according to the close date for this deal, Draganfly may no longer be accepting investments.

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