Unusual Machines Inc. Announces $48.5 Million Registered Direct Offering of Common Stock

Reuters

07/14

<a href="https://laohu8.com/S/UMAC">Unusual Machines Inc</a>. Announces $48.5 Million Registered Direct Offering of Common Stock

Unusual Machines Inc., a leader in drone technology and component manufacturing, has announced a registered direct offering of common stock valued at $48.5 million. The company has entered into a securities purchase agreement for the sale of 5,000,000 shares at a price of $9.70 per share. Dominari Securities LLC is serving as the exclusive placement agent for this offering. The proceeds from this transaction are intended to support U.S.-based manufacturing expansion, meet working capital needs, and address general corporate purposes. The closing of the offering is expected to occur shortly, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unusual Machines Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1048335) on July 14, 2025, and is solely responsible for the information contained therein.

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Announces $48.5 Million Registered Direct Offering of Common Stock\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Unusual Machines Inc., a leader in drone technology and component manufacturing, has announced a registered direct offering of common stock valued at $48.5 million. The company has entered into a securities purchase agreement for the sale of 5,000,000 shares at a price of $9.70 per share. Dominari Securities LLC is serving as the exclusive placement agent for this offering. The proceeds from this transaction are intended to support U.S.-based manufacturing expansion, meet working capital needs, and address general corporate purposes. 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ID: 1048335) on July 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UMAC","symbol_name":"Unusual Machines Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250714:nNDL64CN8l:1","article_id":"2551017189","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551017189","pubTimestamp":1752498017,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Unusual Machines Inc., a leader in drone technology and component manufacturing, has announced a registered direct offering of common stock valued at $48.5 million. 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