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Ageagle Aerial Systems Files for Up to $200 Million Mixed Shelf

· 02/07/2021 22:22

03:06 AM EST, 02/08/2021 (MT Newswires) -- Ageagle Aerial Systems Inc. (UAVS) on Friday filed a registration statement covering the potential sale of up to $200 million in securities.

The securities, which may be offered from time to time, include common shares, preferred shares, debt securities, warrants, and units, according to a filing with the US Securities and Exchange Commission.

Net proceeds from the offering will be used for general corporate purposes, including working capital, capital expenditures and research and development expenditures.

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