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DroneShield Completes $40 million Capital Raise with Substantial Investor Support

SYDNEY, March 8, 2023 /PRNewswire/ -- DroneShield Ltd(ASX:DRO) (DroneShield or the Company) is pleased to announce the successful completion of its Share Purchase Plan (SPP), which follows the $10.9 million Placement, completed on 6 February. The SPP generated significant support from DroneShield's existing shareholders and substantially exceeded the $3 million the Company targeted via the SPP. DroneShield received SPP applications of $29.4 million at an issue price of $0.30 per Share. Given...
New South Wales Oleg Vornik Prnewswire Droneshield Ltd Shield Ltd Share Purchase Plan Artificial Intelligence

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