Global UAV Announces Closing of Non-Brokered Private Placement

Impact · against what's priced in

Global UAV Technologies has secured $4.4 million in funding to support IP development and corporate operations, though the immediate effect is shareholder dilution. The stock remains halted pending a CSE review, meaning the market cannot yet react to the closing of this placement or the ongoing merger process with Nexus.

UAV.X+0.40

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In context

The company successfully raised $4.4 million through the issuance of 11.1 million shares at $0.40, providing essential liquidity for IP development and general operations.

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• UAV.X
• canada
• capital raise
• cse
• drones
• funding
• private placement
• uav
• warrants

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