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Draganfly Confirms Post-Consolidation Trading Date

GlobeNewswire LogoGlobeNewswire1d ago

Draganfly Confirms Post-Consolidation Trading Date - GlobeNewswire

Quick Summary:

Forward-looking statements and ‎information are subject to various known and unknown risks and uncertainties, many of which are beyond ‎the ability of the Company to control or predict, that may cause the Company’s actual results, ‎performance or achievements to be materially different from those expressed or implied thereby, and are ‎developed based on assumptions about such risks, uncertainties and other factors set out here in, ‎including but not limited to: the financial condition, the successful integration of technology, the inherent risks involved in ‎the general securities markets; uncertainties relating to the availability and costs of financing needed in ‎the future; the inherent uncertainty of cost estimates and the potential for unexpected costs and ‎expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and ‎other related risks and uncertainties disclosed under the heading "Risk Factors" in the Company’s most ‎recent filings filed with securities regulators in Canada on the SEDAR+ website at The ‎Company undertakes no obligation to update forward-looking information except as required by ‎applicable law.

Forward-looking statements included in this news release include, but are not limited to statements about: the timing and completion of the Consolidation; the expected Effective Date of the Consolidation; the treatment of any fractional Common Shares in connection with the Consolidation; the timing of and receipt of regulatory approval for the Consolidation; the Company’s ability to meet the listing requirements of the CSE and NASDAQ; the new CUSIP and ISIN of the Common Shares following the Consolidation; the anticipated effects of the Consolidation as detailed in the consolidation Q&A; and shareholders receiving a letter of transmittal.

Vancouver, BC., Aug.30, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc.(NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly” or the "Company”), an award-winning, industry-leading drone solutions and systems developer, announces that further to the news release issued August 23, 2024, the Company has set September 5, 2024 as the effective date of the Consolidation.

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Article Details

Author / Journalist: Draganfly Inc

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 11:15:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 646 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 22307239

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 1 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 12 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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