AgEagle Aerial Systems Inc. Announces Series F Preferred Stock Transactions with Alpha, Issuing 1,500 Shares Convertible into 1,257,695 Shares of Common Stock
AgEagle Aerial Systems Inc. announced two transactions with Alpha Capital Anstalt involving Series F Convertible Preferred Stock. On June 6, 2025, Alpha purchased 500 shares convertible into 418,831 shares of Common Stock, with warrants for the same amount, at a conversion price of $1.1938 per share for a total of $500,000. On June 9, 2025, Alpha acquired an additional 1,000 shares convertible into 838,864 shares of Common Stock, with matching warrants, at a conversion price of $1.1928 per share for a total of $1,000,000. The transactions were executed under an exemption from registration.
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